New at Cimplico
Improvement
Feature update

Improved Hire Purchase Loan Schedule

Hannah avatar
Shared by Hannah • February 27, 2025

Hi there,

We’ve updated the Hire Purchase Loan Schedule (Calculation Template) to improve usability and flexibility.

🚀 What’s new?

  • A cleaner look and feel for easier navigation.
  • Ability to separately display recurring admin fees
  • Principal amounts can now be broken down into components
  • Payments can now be set as Advance or Arrears.

🔢 Will this affect existing calculations?

No - existing calculations remain unchanged. The new template will only apply when you add a new Hire Purchase Loan Schedule calculation.