load druid for 365/365 simple interest

Todd Greer toddgreer at tsgreer.com
Mon Mar 3 19:56:09 CST 2003


I've got a loan that I can't figure out how to express correctly in Gnucash.

I think the thing that is odd is that it specifies that interest is computed on
a 365/365 simple interest basis--I don't know what this means.  The first
payment was due 36 days after the loan date, with no prepaid interest.  The load
calls for equal payments.

When I try to use the druid, it makes every payment 3 cents short.

Is this something that can be done in Gnucash?  If so, how?  If not, should I
put in an enhancement request?  (This is the standard way to do small second
mortgages at a major US lender.)

If this does require a change to Gnucash, I'll try to find some time to do it
(if I can get a little guidance), but I can't promise anything.

Thank you,
Todd Greer      <toddgreer at tsgreer.com>
Founder and President , TSG Software


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