Setting up mortgage payments

Dean Gibson gnucash at ultimeth.com
Thu Jan 3 18:17:03 EST 2013


On 2013-01-03 14:47, gnucash_rob wrote:
> Hi Michael,
>
> ...
> I assume gnucash will then calculate the interest on a daily basis on this
> new principal amount including the overpayment, rather than just that
> predicted by the standard formula?
>

No.  As I understand it (from my experience), the calculation is made 
just once, when you set up the loan.  That's the problem.

-- Dean


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