Fixed Term Floating Rate Account Module
It has all the features and flexibility of the Fixed Term Loan Accounts Module, but also includes the ability to change the Interest Rate during the term of the Loan. Interest Rate changes can trigger changes in repayment amounts or a variation in the Term, provide a grace period for the interest rate changes to take affect and publish Interest Rate Change notifications.
Where you need the flexibility of a Floating Interest Rate the Fixed Term Floating Rate Account Module is a must.