Loan Repayment, not monthly, not weekly

[Gene]

Derek Atkins wrote:
> Hi,
>
> Quoting Gene <genestairs at gmail.com>:
>
>> I've got a loan structured to be paid back every other week (26 payments
>> per year).
>> I was playing with the druid trying get it entered into GnuCash.
>> However, I am not successful with the current choices.
>
> This would be "weekly" every "two weeks"
I've tried that setup using both 36 months and 3 years on the first 
dialog box of the druid, and then choosing weekly, every 2 weeks as the 
repayment frequency.  However, when I look at the payment structure, it 
shows payments based on a monthly repayment structure.

On a 12K loan (11.5%) for 36 months (78 payments actually) the payments 
are $182 every other week.  However, when I finish the calculation in 
GnuCash its showing payments of $395.71, and then halfway thru the loan 
a negative amount being applied to interest.

I'm thinking it has something to do with this calculation shown in the 
druid
pmt( 0.11500 / 12.00 : 36.00 : 12000.00 : 0 : 0 )
however if I try to change the 36.00 to 78.00 the druid overrides it 
when clicking forward to show the payment structure.




>> Quick question being, does anyone know if there is a way to structure
>> this that I do not see, or can I "tweak" the calculations to try and
>> accomplish this?
>>
>> Thanks for any thoughts/advice,
>> Gene
>
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>
> -derek
>