Setting up mortgage payments

[prl]

Even balance-at-date is insufficient for calculating my mortgage interest.

Peter

On 4/01/13 10:56, David T. wrote:
> Dean is right... which is why, in my own personal accounts, I enter the transaction manually after the fact. It's just simpler.
>
> As I understand it from discussions in the past, the problem is that there is no "Balance-As-Of-Date" function in Gnucash; without this, it is not possible for Gnucash to recalculate interest. There is, apparently, a structural challenge that has prevented the addition of such a function. At least, that is my understanding.
>
> David
>
>
>
>
> ________________________________
>   From: Dean Gibson <gnucash at ultimeth.com>
> To: gnucash-user at gnucash.org
> Sent: Thursday, January 3, 2013 3:17 PM
> Subject: Re: Setting up mortgage payments
>   
>
> 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
> _______________________________________________
> gnucash-user mailing list
> gnucash-user at gnucash.org
> https://lists.gnucash.org/mailman/listinfo/gnucash-user
> -----
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.
> _______________________________________________
> gnucash-user mailing list
> gnucash-user at gnucash.org
> https://lists.gnucash.org/mailman/listinfo/gnucash-user
> -----
> Please remember to CC this list on all your replies.
> You can do this by using Reply-To-List or Reply-All.
>