Mortgage amortization table

[Marty Fix]

Tim,
	Yes, now that I look at it closer, that is what I am seeing.   
Essentially the first payment split is missing, it is starting with  
the second payment.


On Dec 19, 2008, at 11:43 AM, Tim Wunder wrote:

> On Thursday 18 December 2008 11:29:51 pm Marty Fix wrote:
>> Hi all,
>> 	I am trying to setup a mortgage in Gnucash 2.2.8, but cannot seem to
>> get the correct values for principal and interest.  The values I am
>> using in the loan druid is
>>
>> Amount: 		101,000.00
>> Interest Rate: 	6.875%
>> Start Date: 		7/12/2001
>> Length:			180 Months
>> Repayment:		Starting 9/1/2001 on the 1st of every month
>>
>> Every other mortgage calculator I use (including my bank)  says the
>> first payment on 9/1/2001 is $900.78		322.13 Principal and 587.65
>> Interest
>> The loan druid gives me a first payment on 9/1/2001 of
>> 900.77												323.97 Principal and 576.80 Interest
>>
>> I can understand the .01 payment difference but not the large
>> difference in principal and interest.  Am I using the druid wrong, or
>> are the calculations in error?
>>
>
> Is this what you're seeing?
> http://bugzilla.gnome.org/show_bug.cgi?id=506807
>
> Tim
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