diff --git a/service/src/main/java/io/mifos/individuallending/IndividualLendingPatternFactory.java b/service/src/main/java/io/mifos/individuallending/IndividualLendingPatternFactory.java
index 9488c60..1ea1bdf 100644
--- a/service/src/main/java/io/mifos/individuallending/IndividualLendingPatternFactory.java
+++ b/service/src/main/java/io/mifos/individuallending/IndividualLendingPatternFactory.java
@@ -112,7 +112,7 @@
     final ChargeDefinition processingFee = charge(
             PROCESSING_FEE_NAME,
             Action.OPEN,
-            BigDecimal.valueOf(0.01),
+            BigDecimal.ONE,
             ENTRY,
             PROCESSING_FEE_INCOME);
     processingFee.setReadOnly(false);
@@ -120,7 +120,7 @@
     final ChargeDefinition loanOriginationFee = charge(
             LOAN_ORIGINATION_FEE_NAME,
             Action.APPROVE,
-            BigDecimal.valueOf(0.01),
+            BigDecimal.ONE,
             ENTRY,
             ORIGINATION_FEE_INCOME);
     loanOriginationFee.setReadOnly(false);
@@ -128,7 +128,7 @@
     final ChargeDefinition loanFundsAllocation = charge(
             LOAN_FUNDS_ALLOCATION_ID,
             Action.APPROVE,
-            BigDecimal.valueOf(1.00),
+            BigDecimal.valueOf(100),
             LOAN_FUNDS_SOURCE,
             PENDING_DISBURSAL);
     loanFundsAllocation.setReadOnly(true);
@@ -136,7 +136,7 @@
     final ChargeDefinition disbursementFee = charge(
             DISBURSEMENT_FEE_NAME,
             Action.DISBURSE,
-            BigDecimal.valueOf(0.001),
+            BigDecimal.valueOf(0.1),
             ENTRY,
             DISBURSEMENT_FEE_INCOME);
     disbursementFee.setReadOnly(false);
@@ -150,7 +150,7 @@
     disbursePayment.setToAccountDesignator(ENTRY);
     disbursePayment.setProportionalTo(ChargeProportionalDesignator.PRINCIPAL_ADJUSTMENT_DESIGNATOR.getValue());
     disbursePayment.setChargeMethod(ChargeDefinition.ChargeMethod.PROPORTIONAL);
-    disbursePayment.setAmount(BigDecimal.ONE);
+    disbursePayment.setAmount(BigDecimal.valueOf(100));
     disbursePayment.setReadOnly(true);
 
     final ChargeDefinition trackPrincipalDisbursePayment = new ChargeDefinition();
@@ -162,14 +162,14 @@
     trackPrincipalDisbursePayment.setToAccountDesignator(CUSTOMER_LOAN);
     trackPrincipalDisbursePayment.setProportionalTo(ChargeProportionalDesignator.PRINCIPAL_ADJUSTMENT_DESIGNATOR.getValue());
     trackPrincipalDisbursePayment.setChargeMethod(ChargeDefinition.ChargeMethod.PROPORTIONAL);
-    trackPrincipalDisbursePayment.setAmount(BigDecimal.ONE);
+    trackPrincipalDisbursePayment.setAmount(BigDecimal.valueOf(100));
     trackPrincipalDisbursePayment.setReadOnly(true);
 
     //TODO: Make payable at time of ACCEPT_PAYMENT but accrued at MARK_LATE
     final ChargeDefinition lateFee = charge(
             LATE_FEE_NAME,
             Action.MARK_LATE,
-            BigDecimal.valueOf(0.01),
+            BigDecimal.ONE,
             CUSTOMER_LOAN,
             LATE_FEE_INCOME);
     lateFee.setAccrueAction(Action.MARK_LATE.name());
@@ -181,7 +181,7 @@
     final ChargeDefinition writeOffAllowanceCharge = charge(
             ALLOW_FOR_WRITE_OFF_NAME,
             Action.MARK_LATE,
-            BigDecimal.valueOf(0.30),
+            BigDecimal.valueOf(30),
             PENDING_DISBURSAL,
             ARREARS_ALLOWANCE);
     writeOffAllowanceCharge.setProportionalTo(ChargeProportionalDesignator.RUNNING_BALANCE_DESIGNATOR.getValue());
@@ -190,7 +190,7 @@
     final ChargeDefinition interestCharge = charge(
         INTEREST_NAME,
         Action.ACCEPT_PAYMENT,
-        BigDecimal.ONE,
+        BigDecimal.valueOf(100),
         CUSTOMER_LOAN,
         INTEREST_INCOME);
     interestCharge.setForCycleSizeUnit(ChronoUnit.YEARS);
@@ -209,7 +209,7 @@
     customerRepaymentCharge.setToAccountDesignator(ENTRY);
     customerRepaymentCharge.setProportionalTo(ChargeProportionalDesignator.REPAYMENT_DESIGNATOR.getValue());
     customerRepaymentCharge.setChargeMethod(ChargeDefinition.ChargeMethod.PROPORTIONAL);
-    customerRepaymentCharge.setAmount(BigDecimal.ONE);
+    customerRepaymentCharge.setAmount(BigDecimal.valueOf(100));
     customerRepaymentCharge.setReadOnly(true);
 
     final ChargeDefinition trackReturnPrincipalCharge = new ChargeDefinition();
@@ -221,15 +221,15 @@
     trackReturnPrincipalCharge.setToAccountDesignator(LOANS_PAYABLE);
     trackReturnPrincipalCharge.setProportionalTo(ChargeProportionalDesignator.PRINCIPAL_ADJUSTMENT_DESIGNATOR.getValue());
     trackReturnPrincipalCharge.setChargeMethod(ChargeDefinition.ChargeMethod.PROPORTIONAL);
-    trackReturnPrincipalCharge.setAmount(BigDecimal.ONE);
+    trackReturnPrincipalCharge.setAmount(BigDecimal.valueOf(100));
     trackReturnPrincipalCharge.setReadOnly(true);
 
     final ChargeDefinition disbursementReturnCharge = charge(
-            RETURN_DISBURSEMENT_NAME,
-            Action.CLOSE,
-            BigDecimal.valueOf(1.0),
-            PENDING_DISBURSAL,
-            LOAN_FUNDS_SOURCE);
+        RETURN_DISBURSEMENT_NAME,
+        Action.CLOSE,
+        BigDecimal.valueOf(100),
+        PENDING_DISBURSAL,
+        LOAN_FUNDS_SOURCE);
     disbursementReturnCharge.setProportionalTo(ChargeProportionalDesignator.RUNNING_BALANCE_DESIGNATOR.getValue());
     disbursementReturnCharge.setReadOnly(true);
 
diff --git a/service/src/main/java/io/mifos/individuallending/internal/service/CostComponentService.java b/service/src/main/java/io/mifos/individuallending/internal/service/CostComponentService.java
index 67725d2..318db3b 100644
--- a/service/src/main/java/io/mifos/individuallending/internal/service/CostComponentService.java
+++ b/service/src/main/java/io/mifos/individuallending/internal/service/CostComponentService.java
@@ -102,7 +102,7 @@
         caseParameters.getMaximumBalance(),
         BigDecimal.ZERO,
         BigDecimal.ZERO,
-        dataContextOfAction.getInterestAsFraction(),
+        dataContextOfAction.getInterest(),
         minorCurrencyUnitDigits,
         true);
   }
@@ -121,7 +121,7 @@
         caseParameters.getMaximumBalance(),
         BigDecimal.ZERO,
         BigDecimal.ZERO,
-        dataContextOfAction.getInterestAsFraction(),
+        dataContextOfAction.getInterest(),
         minorCurrencyUnitDigits,
         true);
   }
@@ -141,7 +141,7 @@
         caseParameters.getMaximumBalance(),
         BigDecimal.ZERO,
         BigDecimal.ZERO,
-        dataContextOfAction.getInterestAsFraction(),
+        dataContextOfAction.getInterest(),
         minorCurrencyUnitDigits,
         true);
   }
@@ -198,7 +198,7 @@
         caseParameters.getMaximumBalance(),
         currentBalance,
         disbursalSize,
-        dataContextOfAction.getInterestAsFraction(),
+        dataContextOfAction.getInterest(),
         minorCurrencyUnitDigits,
         true);
   }
@@ -238,7 +238,7 @@
         caseParameters.getMaximumBalance(),
         currentBalance,
         BigDecimal.ZERO,
-        dataContextOfAction.getInterestAsFraction(),
+        dataContextOfAction.getInterest(),
         minorCurrencyUnitDigits,
         true);
   }
@@ -276,7 +276,7 @@
           hypotheticalScheduledActions);
       loanPaymentSize = getLoanPaymentSize(
           currentBalance,
-          dataContextOfAction.getInterestAsFraction(),
+          dataContextOfAction.getInterest(),
           minorCurrencyUnitDigits,
           hypotheticalScheduledCharges);
     }
@@ -302,7 +302,7 @@
         caseParameters.getMaximumBalance(),
         currentBalance,
         loanPaymentSize,
-        dataContextOfAction.getInterestAsFraction(),
+        dataContextOfAction.getInterest(),
         minorCurrencyUnitDigits,
         true);
   }
@@ -386,7 +386,7 @@
         caseParameters.getMaximumBalance(),
         currentBalance,
         BigDecimal.ZERO,
-        dataContextOfAction.getInterestAsFraction(),
+        dataContextOfAction.getInterest(),
         minorCurrencyUnitDigits,
         true);
   }
diff --git a/service/src/main/java/io/mifos/individuallending/internal/service/DataContextOfAction.java b/service/src/main/java/io/mifos/individuallending/internal/service/DataContextOfAction.java
index af636fc..4cb7b5d 100644
--- a/service/src/main/java/io/mifos/individuallending/internal/service/DataContextOfAction.java
+++ b/service/src/main/java/io/mifos/individuallending/internal/service/DataContextOfAction.java
@@ -35,7 +35,6 @@
   private final CaseEntity customerCase;
   private final CaseParameters caseParameters;
   private final List<AccountAssignment> oneTimeAccountAssignments;
-  private final BigDecimal interestAsFraction;
 
   DataContextOfAction(final @Nonnull ProductEntity product,
                       final @Nonnull CaseEntity customerCase,
@@ -45,7 +44,6 @@
     this.customerCase = customerCase;
     this.caseParameters = caseParameters;
     this.oneTimeAccountAssignments = oneTimeAccountAssignments == null ? Collections.emptyList() : oneTimeAccountAssignments;
-    interestAsFraction = customerCase.getInterest().divide(BigDecimal.valueOf(100), 4, BigDecimal.ROUND_HALF_EVEN);;
   }
 
   public @Nonnull ProductEntity getProduct() {
@@ -72,7 +70,7 @@
     return getCompoundIdentifer() + "." + action.name();
   }
 
-  BigDecimal getInterestAsFraction() {
-    return interestAsFraction;
+  BigDecimal getInterest() {
+    return customerCase.getInterest();
   }
 }
diff --git a/service/src/main/java/io/mifos/individuallending/internal/service/IndividualLoanService.java b/service/src/main/java/io/mifos/individuallending/internal/service/IndividualLoanService.java
index 0f77033..6320deb 100644
--- a/service/src/main/java/io/mifos/individuallending/internal/service/IndividualLoanService.java
+++ b/service/src/main/java/io/mifos/individuallending/internal/service/IndividualLoanService.java
@@ -57,7 +57,7 @@
 
     final BigDecimal loanPaymentSize = CostComponentService.getLoanPaymentSize(
         dataContextOfAction.getCaseParameters().getMaximumBalance(),
-        dataContextOfAction.getInterestAsFraction(),
+        dataContextOfAction.getInterest(),
         minorCurrencyUnitDigits,
         scheduledCharges);
 
@@ -66,7 +66,7 @@
         minorCurrencyUnitDigits,
         scheduledCharges,
         loanPaymentSize,
-        dataContextOfAction.getInterestAsFraction());
+        dataContextOfAction.getInterest());
 
     final Set<ChargeName> chargeNames = scheduledCharges.stream()
             .map(IndividualLoanService::chargeNameFromChargeDefinition)
diff --git a/service/src/main/java/io/mifos/individuallending/internal/service/PeriodChargeCalculator.java b/service/src/main/java/io/mifos/individuallending/internal/service/PeriodChargeCalculator.java
index 39bb325..91281cc 100644
--- a/service/src/main/java/io/mifos/individuallending/internal/service/PeriodChargeCalculator.java
+++ b/service/src/main/java/io/mifos/individuallending/internal/service/PeriodChargeCalculator.java
@@ -58,12 +58,17 @@
         scheduledCharge.getChargeDefinition().getChargeMethod() == ChargeDefinition.ChargeMethod.INTEREST;
   }
 
-  static BigDecimal chargeAmountPerPeriod(final ScheduledCharge scheduledCharge, final BigDecimal amount, final int precision)
+  static BigDecimal chargeAmountPerPeriod(
+      final ScheduledCharge scheduledCharge,
+      final BigDecimal amountInPercentagePoints,
+      final int precision)
   {
+    final BigDecimal amountAsFraction = amountInPercentagePoints.divide(BigDecimal.valueOf(100), 4, BigDecimal.ROUND_HALF_EVEN);
+
     final ChargeDefinition chargeDefinition = scheduledCharge.getChargeDefinition();
     final ScheduledAction scheduledAction = scheduledCharge.getScheduledAction();
     if (chargeDefinition.getForCycleSizeUnit() == null)
-      return amount;
+      return amountAsFraction;
 
     final BigDecimal actionPeriodDuration
         = BigDecimal.valueOf(
@@ -87,7 +92,7 @@
     final int accrualPeriodsInActionPeriod = actionPeriodDuration.divide(
         accrualPeriodDuration.orElse(actionPeriodDuration), precision, BigDecimal.ROUND_HALF_EVEN)
         .intValueExact();
-    final BigDecimal rateForAccrualPeriod = amount.divide(
+    final BigDecimal rateForAccrualPeriod = amountAsFraction.divide(
         accrualPeriodsInCycle, precision, BigDecimal.ROUND_HALF_EVEN);
     return createCompoundedRate(rateForAccrualPeriod, accrualPeriodsInActionPeriod, precision);
   }
@@ -96,4 +101,4 @@
   {
     return Stream.generate(() -> interestRate).limit(periodCount).collect(RateCollectors.compound(precision));
   }
-}
+}
\ No newline at end of file
diff --git a/service/src/test/java/io/mifos/individuallending/internal/service/PeriodChargeCalculatorTest.java b/service/src/test/java/io/mifos/individuallending/internal/service/PeriodChargeCalculatorTest.java
index 0961727..71e7b42 100644
--- a/service/src/test/java/io/mifos/individuallending/internal/service/PeriodChargeCalculatorTest.java
+++ b/service/src/test/java/io/mifos/individuallending/internal/service/PeriodChargeCalculatorTest.java
@@ -96,7 +96,7 @@
     expectedPeriodRates.put(getPeriod(initialDate, 1, 1), dailyInterestRate);
 
     return new TestCase("simpleCase")
-        .interest(BigDecimal.valueOf(0.01))
+        .interest(BigDecimal.ONE)
         .scheduledCharges(scheduledCharges)
         .precision(20)
         .expectedPeriodRates(expectedPeriodRates);
@@ -117,7 +117,7 @@
     expectedPeriodRates.put(getPeriod(initialDate, 2, 2), PeriodChargeCalculator.createCompoundedRate(dailyInterestRate, 2, 20));
 
     return new TestCase("bitOfCompoundingCase")
-        .interest(BigDecimal.valueOf(0.10))
+        .interest(BigDecimal.TEN)
         .scheduledCharges(scheduledCharges)
         .precision(20)
         .expectedPeriodRates(expectedPeriodRates);
@@ -135,7 +135,7 @@
     expectedPeriodRates.put(getPeriod(initialDate, 2, 2), BigDecimal.ZERO.setScale(20, BigDecimal.ROUND_UNNECESSARY));
 
     return new TestCase("zeroInterestPerPeriod")
-        .interest(BigDecimal.valueOf(0.00))
+        .interest(BigDecimal.ZERO)
         .scheduledCharges(scheduledCharges)
         .precision(20)
         .expectedPeriodRates(expectedPeriodRates);