Extend Loan

This article describes how to extend a loan.

Step-by-step guide

1. To extend a loan, click on a field below your original transaction to create a new row.

2. Change deal date, value date and maturity date accordingly (as to your new terms). Enter the Capital increase amount, capital amount and amortisation amount.

3. Enter a new interest period from the original final Maturity date to the new final Maturity date and Save. The periods are  specified in the next step.

Note! Double check the Maturity date of the last interest period (the last before the rollover)