Early Settlement
The Early Settlement screen (`early-settlement.php`) calculates and processes payoff of a loan before contractual maturity.
User Story
As an operations officer, I want to generate and accept early settlement quotes with a clear breakdown of principal, profit, fees and rebates, so that loans can be closed accurately in one transaction.
Key Considerations
- Correct calculation of unearned profit rebates according to product rules.
- Optional settlement penalties or administrative fees.
- Alignment with finance and regulatory requirements for accounting entries.