Record Payment - Loan #LN-20260210-201540

Record Payment

Loan #LN-20260210-201540 — Vincent GAKWANDI

Back to Loans
Borrower
Vincent GAKWANDI
Management Fee
5.5%
Interest Rate
5.0%
Term (months)
3
Start Date
2025-08-04
Prepayment Early Settlement

The first (current) instalment is paid in full (principal + interest + management fee). All subsequent selected instalments: the borrower pays principal only — interest and management fee are waived and cleared, marking those instalments as Fully Paid. The Amount to Pay column already reflects this.

# Due Date Outstanding Principal Due Interest Mgmt Fee Type Amount to Pay
Total to Collect (interest & fees on future instalments waived): 0
Current instalment (full payment)   Future instalments (principal only — interest & fee waived)
Total Prepayment Amount
0
Select at least one instalment above
Loan Repayment Schedule
# Payment Date Opening Balance Principal Interest Management Fee Total Payment Closing Balance
1 04/09/2025 3,000,000 951,630 150,000 0 1,101,630 2,048,370
2 04/10/2025 2,048,370 999,210 102,420 165,000 1,266,630 1,049,160
3 04/11/2025 1,049,160 1,049,170 52,460 165,000 1,266,630 0
TOTALS: 0 3,000,010 304,880 330,000 3,634,890 -