FINERACT-1981: Fix Better EMI check in EMI Calculator

apache · Oct 21, 2024 · 84d6065 · 84d6065
1 parent 482983f
commit 84d6065
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Showing 3 changed files with 41 additions and 4 deletions.
diff --git a/...ain/java/org/apache/fineract/portfolio/loanaccount/loanschedule/data/RepaymentPeriod.java b/...ain/java/org/apache/fineract/portfolio/loanaccount/loanschedule/data/RepaymentPeriod.java
@@ -155,7 +155,7 @@ public Money getOutstandingLoanBalance() {
                         .minus(getDuePrincipal())//
                         .plus(getPaidPrincipal());//
                 return MathUtil.negativeToZero(calculatedOutStandingLoanBalance);
-            }, () -> interestPeriods);
+            }, () -> new Object[] { paidPrincipal, paidInterest, interestPeriods });
         }
         return outstandingBalanceCalculation.get();
     }

diff --git a/...rc/main/java/org/apache/fineract/portfolio/loanproduct/calc/ProgressiveEMICalculator.java b/...rc/main/java/org/apache/fineract/portfolio/loanproduct/calc/ProgressiveEMICalculator.java
@@ -186,9 +186,6 @@ void calculateEMIValueAndRateFactors(final LocalDate calculateFromRepaymentPerio
         calculateOutstandingBalance(scheduleModel);
         calculateLastUnpaidRepaymentPeriodEMI(scheduleModel);
         checkAndAdjustEmiIfNeededOnRelatedRepaymentPeriods(scheduleModel, relatedRepaymentPeriods);
-        // TODO: optimalize
-        calculateOutstandingBalance(scheduleModel);
-        calculateLastUnpaidRepaymentPeriodEMI(scheduleModel);
     }
 
     private void calculateLastUnpaidRepaymentPeriodEMI(ProgressiveLoanInterestScheduleModel scheduleModel) {
@@ -235,6 +232,8 @@ private void checkAndAdjustEmiIfNeededOnRelatedRepaymentPeriods(final Progressiv
                     period.setEmi(adjustedEqualMonthlyInstallmentValue);
                 }
             });
+            calculateOutstandingBalance(newScheduleModel);
+            calculateLastUnpaidRepaymentPeriodEMI(newScheduleModel);
             final Money newEmiDifference = getDifferenceBetweenLastTwoPeriod(newScheduleModel.repaymentPeriods(), scheduleModel);
             final boolean newEmiHasLessDifference = newEmiDifference.abs().isLessThan(emiDifference.abs());
             if (!newEmiHasLessDifference) {
@@ -252,6 +251,7 @@ private void checkAndAdjustEmiIfNeededOnRelatedRepaymentPeriods(final Progressiv
                 final RepaymentPeriod newRepaymentPeriod = relatedPeriodFromNewModelIterator.next();
                 relatedRepaymentPeriod.setEmi(newRepaymentPeriod.getEmi());
             });
+            calculateOutstandingBalance(scheduleModel);
         }
     }
 

diff --git a/...est/java/org/apache/fineract/portfolio/loanproduct/calc/ProgressiveEMICalculatorTest.java b/...est/java/org/apache/fineract/portfolio/loanproduct/calc/ProgressiveEMICalculatorTest.java
@@ -233,6 +233,43 @@ public void testEMICalculation_performance() {
         }
     }
 
+    @Test
+    public void testEMICalculation_CheckEmiButNewEmiNotBetterThanOriginal() {
+
+        final List<LoanScheduleModelRepaymentPeriod> expectedRepaymentPeriods = new ArrayList<>();
+
+        expectedRepaymentPeriods.add(repayment(1, LocalDate.of(2024, 1, 1), LocalDate.of(2024, 2, 1)));
+        expectedRepaymentPeriods.add(repayment(2, LocalDate.of(2024, 2, 1), LocalDate.of(2024, 3, 1)));
+        expectedRepaymentPeriods.add(repayment(3, LocalDate.of(2024, 3, 1), LocalDate.of(2024, 4, 1)));
+        expectedRepaymentPeriods.add(repayment(4, LocalDate.of(2024, 4, 1), LocalDate.of(2024, 5, 1)));
+        expectedRepaymentPeriods.add(repayment(5, LocalDate.of(2024, 5, 1), LocalDate.of(2024, 6, 1)));
+        expectedRepaymentPeriods.add(repayment(6, LocalDate.of(2024, 6, 1), LocalDate.of(2024, 7, 1)));
+
+        final BigDecimal interestRate = BigDecimal.valueOf(15.678);
+        final Integer installmentAmountInMultiplesOf = null;
+
+        Mockito.when(loanProductRelatedDetail.getAnnualNominalInterestRate()).thenReturn(interestRate);
+        Mockito.when(loanProductRelatedDetail.getDaysInYearType()).thenReturn(DaysInYearType.DAYS_365.getValue());
+        Mockito.when(loanProductRelatedDetail.getDaysInMonthType()).thenReturn(DaysInMonthType.ACTUAL.getValue());
+        Mockito.when(loanProductRelatedDetail.getRepaymentPeriodFrequencyType()).thenReturn(PeriodFrequencyType.MONTHS);
+        Mockito.when(loanProductRelatedDetail.getRepayEvery()).thenReturn(1);
+        Mockito.when(loanProductRelatedDetail.getCurrency()).thenReturn(monetaryCurrency);
+
+        final ProgressiveLoanInterestScheduleModel interestSchedule = emiCalculator.generateInterestScheduleModel(expectedRepaymentPeriods,
+                loanProductRelatedDetail, installmentAmountInMultiplesOf);
+
+        final Money disbursedAmount = toMoney(100.0);
+        emiCalculator.addDisbursement(interestSchedule, LocalDate.of(2024, 1, 1), disbursedAmount);
+
+        checkPeriod(interestSchedule, 0, 0, 17.43, 0.0, 0.0, 1.33, 16.1, 83.9);
+        checkPeriod(interestSchedule, 0, 1, 17.43, 0.013315561644, 1.33, 16.1, 83.9);
+        checkPeriod(interestSchedule, 1, 0, 17.43, 0.012456493151, 1.05, 16.38, 67.52);
+        checkPeriod(interestSchedule, 2, 0, 17.43, 0.013315561644, 0.90, 16.53, 50.99);
+        checkPeriod(interestSchedule, 3, 0, 17.43, 0.012886027397, 0.66, 16.77, 34.22);
+        checkPeriod(interestSchedule, 4, 0, 17.43, 0.013315561644, 0.46, 16.97, 17.25);
+        checkPeriod(interestSchedule, 5, 0, 17.47, 0.012886027397, 0.22, 17.25, 0.0);
+    }
+
     @Test
     public void testEMICalculation_disbursedAmt100_dayInYears360_daysInMonth30_repayEvery1Month() {