Banking Loan Calculation Error

There is a bug in how the game calculates amount remaining when a loan is paid off early and in instalments…

Global Industries Fort Knox

Supplied
Loan To

DS Enterprise

Date of IssueClosed

Principalg1,000,000

Amortization Period12 Months GT

Interest Rate20%

Balanceg0

Paymentg92,635

Past Dueg0

Next Payment DueClosed

Payments Left11 Months GT

Total Paymentg92,635

Early Repayment Penalty(12% ) g120,000

STATEMENT HISTORY

Date of Issue Due Date Amount Payment
- no statement history -

PAYMENT HISTORY

Payment Date Amount (g)
Year 3 Day 354 GT (2019-12-15 RT) g50,000
Year 3 Day 354 GT (2019-12-15 RT) g50,000
Year 3 Day 356 GT (2019-12-16 RT) g200,000
Year 3 Day 356 GT (2019-12-16 RT) g200,000
Year 3 Day 356 GT (2019-12-16 RT) g92,635
Year 3 Day 356 GT (2019-12-16 RT) g192,635
Year 3 Day 356 GT (2019-12-16 RT) g92,635
Year 3 Day 356 GT (2019-12-16 RT) g122,095
Year 3 Day 356 GT (2019-12-16 RT) g14,651

The loan is classed as fully repaid and above is a list of all the payments. I’m certainly not blaming the borrower and the amount doesn’t worry me at all - but the total payments don’t add up to the principal

Thank you for bringing this to our attention, we are looking into the issue.