amortizationFreePeriods - Amortization-Free Periods

Apply a deferred amortization to CDC loans in Fairways Debt, using the amortization-free periods.

<cdcLoan>
<phases>
<phase>
<cdcAmortization>
<amortizationFreePeriods>
<numberOfPeriods>...</numberOfPeriods>
</amortizationFreePeriods>

</cdcAmortization>
</phase>
</phases>
</cdcLoan>

Tag

Item

Description

amortizationFreePeriods

Main

Amortization-free period(s) to apply.

numberOfPeriods

Secondary

Number of periods with no amortization.

 

To apply an amortization-free period to CDC loans <cdcLoan>:

  1. Add the <amortizationFreePeriods> tags in the <cdcAmortization> tags of a CDC loan.
<cdcLoan>
<phases>
<phase>
<cdcAmortization>
<amortizationFreePeriods>
</amortizationFreePeriods>

</cdcAmortization>
</phase>
</phases>
</cdcLoan>
  1. Add the <numberOfPeriods> tags in the <amortizationFreePeriods> tags.
<cdcLoan>
<phases>
<phase>
<cdcAmortization>
<amortizationFreePeriods>
<numberOfPeriods></numberOfPeriods>
</amortizationFreePeriods>

</cdcAmortization>
</phase>
</phases>
</cdcLoan>
  1. Enter the number of periods with no amortization. 

In this example, we define 4 amortization-free periods.

<cdcLoan>
<phases>
<phase>
<cdcAmortization>
<amortizationFreePeriods>
<numberOfPeriods>4</numberOfPeriods>
</amortizationFreePeriods>

</cdcAmortization>
</phase>
</phases>
</cdcLoan>

The principal remains null during 4 periods.

AmortizationFreePeriod_EN.png

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