Rounding in Mortgage Assistant
Dean Gibson
gnucash at ultimeth.com
Fri Nov 9 12:13:14 EST 2012
On 2012-11-09 05:48, Mike or Penny Novack wrote:
> ...
> What we should really be asking for is a "recalc amortization" where
> the payment amount can be specified (to match what the bank is
> insisting upon).
>
> Michael D Novack, FLMI
No kidding. GnuCash computes my bank-assigned payment to the penny, but
that's not what I want. In particular, in every home loan I've had,
I've increased the monthly payment somewhat to (1) make the payment a
round number, and (2) to pay off the mortgage a bit earlier. I believe
Quicken allowed that (not that Quicken is the gold standard for anything
that GnuCash does).
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