diff --git a/erpnext/loan_management/doctype/loan_repayment/loan_repayment.py b/erpnext/loan_management/doctype/loan_repayment/loan_repayment.py
index 7d83e322135..be221dfa7f2 100644
--- a/erpnext/loan_management/doctype/loan_repayment/loan_repayment.py
+++ b/erpnext/loan_management/doctype/loan_repayment/loan_repayment.py
@@ -305,7 +305,7 @@ def get_amounts(amounts, against_loan, posting_date, payment_type):
 		if not final_due_date:
 			final_due_date = add_days(due_date, loan_type_details.grace_period_in_days)
 
-	if against_loan_doc.status in ('Disbursed', 'Loan Closure Requested'):
+	if against_loan_doc.status in ('Disbursed', 'Loan Closure Requested', 'Closed'):
 		pending_principal_amount = against_loan_doc.total_payment - against_loan_doc.total_principal_paid - against_loan_doc.total_interest_payable
 	else:
 		pending_principal_amount = against_loan_doc.disbursed_amount