[GNC] Canadian Mortgage

[Al Maloney]

Derek

Thanks.
I'll check this out.
As an absolute neophyte, I'll need some time.

Al Maloney
Velox Versutus Vigilans


On Sun, 30 Jan 2022 at 15:08, Derek Atkins <derek at ihtfp.com> wrote:

> Hi,
>
> On Sun, January 30, 2022 2:13 pm, Al Maloney wrote:
> > How can I use gnuCash for a Canadian mortgage?
> >
> > I need:
> > 1) frequency of payments as bi-weekly (not semi-monthly)
>
> On the Loan Repayment page, select:
> Frequency: Weekly
> Every 2 weeks
>
> > 2) a compounding period of 6 months
>
> If you know what the (libre)office PMT() invocation would be, then you can
> program GnuCash similarly because the pmt functions behave the same way.
> I can't tell you off hand how to do it, though.  You might be better off
> just supplying the "Interest Rate", but you're right, there is no "APR
> Compounded every 6 months" setting.  Please file an RFE in Bugzilla to get
> that added.
>
> > These are not available in version 4.9-1 Actions->Scheduled
> > Transactions->Mortgage & Loan Repayment
> >
> > I am using macOS 10.14.6 or macOS 12.2
>
> Good Luck,
>
> > Al Maloney
> > Velox Versutus Vigilans
>
> > Please remember to CC this list on all your replies.
> > You can do this by using Reply-To-List or Reply-All.
>
> -derek
>
> --
>        Derek Atkins                 617-623-3745
>        derek at ihtfp.com             www.ihtfp.com
>        Computer and Internet Security Consultant
>
>