Comments / Suggestions / a couple minor bugs in 1.7.5
Alex Barclay
alex@planet-barclay.com
Thu, 19 Dec 2002 14:43:34 -0700
Brian Smith wrote:
> Egads, my mail program sure wraps text lines short! Here's another
> attempt on that loan payment screen idea:
>
> LOAN PAYMENT: P + I amount: 1197.38 <--- calculated by GnuCash
> Escrow amount: _______ <--- user-entered (if escrow
> is applicable)
> Tax amount: _______ <--- only shown if tax is *not*
> paid through escrow
> Insurance amt: _______ <--- ditto
> PMI amount: _______ <--- ditto
> Add'l amounts: _______ <--- this could open a split
> window for extra amounts
>
> Total Payment: 2105.48 <--- calculated by GnuCash
>
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I really like this idea. My only suggestion is that PMI should be
classed as another amount. I don't think it's the same in every country
although I've only ever bought a house here in the US even though I'm
British. Actually, thinking about my own situation my property tax and
insurance are both paid through escrow. I guess I'd set that up as a
payment to an asset account then deduct the property tax once a year and
the insurance twice a year. I really never calculate it that accurately
though. I don't have any PMI so it wouldn't make sense for it to appear
on the form.
The main thing is if we could have one element in the split handle the
P+I part which varies then add the others as fixed amounts.
Thanks
Alex.