
No Repayment Plan
Do not create a repayment plan.
What rate to repay by a specified date?
Specify a date by which the debt must be paid in full or reduced to a specified level. This option will then calculate the size needed for each instalment. Example:
"What size instalment must the debtor make to pay a debt of $10,000 in six months if he makes equal payments every payday (every second Thursday) starting next week and if interest continues to accrue on the outstanding balance?"