diff --git a/app/scripts/controllers/product/CreateLoanProductController.js b/app/scripts/controllers/product/CreateLoanProductController.js
index 50041a26..bb532cbe 100755
--- a/app/scripts/controllers/product/CreateLoanProductController.js
+++ b/app/scripts/controllers/product/CreateLoanProductController.js
@@ -70,6 +70,8 @@
                     scope.formData.recalculationRestFrequencyType = scope.product.interestRecalculationData.recalculationRestFrequencyType.id;
                 }
                 scope.floatingRateOptions = data.floatingRateOptions ;
+                scope.formData.isFloatingInterestRateCalculationAllowed = false ;
+                scope.formData.isLinkedToFloatingInterestRates = false ;
             });
 
             scope.chargeSelected = function (chargeId) {