mortgage/loan druid
Patrick Vo
chancevo at yahoo.com
Sat Apr 15 17:03:06 EDT 2006
I think I'm doing something incorrectly. I have a 124,000 loan at 4.75% for 360 months; when entered into the druid it produced a repayment plan of
01/01/05 646.84 payment, 156.01 principal, 490.83 interest
02/01/05 646.84 payment, 156.63 principal, 490.22 interest.
....
The values are correct but when the transactions are created the amount
differs.
01/01/05 646.84 payment, 166.85 principal, 480 interest.
...
Patrick
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