get https://apim.demo01.my.fivedegrees.cloud/publicapi-sbx/api/v1/reference-data/principal-payment-methods
API endpoint to get the loan repayment method reference data.
EQUAL PAYMENTS - Annuity, equal installments for the duration of the loan as the interest decreases and the principal increases over the installments. The rounding is distributed on all repayments.
EQUAL PRINCIPAL - Equal principal (Linear), the principal payment will stay the same during the lifetime of the loan, but the interest part will be lower in the last repayments, so first installments will be higher because of the higher total principal amount of the loan.
FIXED EQUAL PAYMENTS - Equal installments for the duration of the loan as the interest decreases and the principal increases over the installments, all rounding is distributed to the last repayment.