Mortgage Druid is not giving me expected results
Josh Sled
jsled at asynchronous.org
Mon Mar 8 09:30:30 CST 2004
On Mon, 2004-03-08 at 10:16, Laurent Duperval wrote:
> I've set it as a fixed percentage, 227 months. I tried setting the
> payment schedule to bi-weekly, or to weekly/every two weeks. Both of
> them give me the same payment summarry on the last screen.
I've just swept a bunch of the "normal" scheduled-transaction bugs away,
and I'm going to focus on the mortgage/loan druid in the near future...
> What I found even weirder is that the payment is always arount 800$ per
> payment, whether I select weekly, bi-weekly or even monthly. It should
> be around $450/payment.
It would be very helpful to me to have a bit more detail than this, so I
can craft some realisitic test-cases...
Specifically, what is the initial principal, interest rate, and expected
payment schedule? What are the values of the formulae that the M/L
Druid creates?
> L
...jsled
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# A: Because it breaks the flow of normal conversation.
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