[GNC] Mortgage with daily applied interest

Henrik Morsing henrik at morsing.cc
Tue Jul 15 06:33:52 EDT 2025


'morning,

Thanks for all the replies. So it is at least not me missing something.

I might try the spreadsheet method, if I can find a moment. It is really frustrating that my bank, First Direct, can't tell me what my repayment amounts are, only the annual interest amount.

P.S. I love having debt, best way to make money!

Regards,
Henrik Morsing


On Sat, Jul 12, 2025 at 12:26:06PM +0100, Henrik Morsing wrote:
>
>Good morning,
>
>I started using GNUCash a few years ago but I have never managed to get my mortgage payments to work as a proper split expense. I have tried using the mortgage tool but, just like my HP 48G calculator, it gets the amount wrong and I think it is because my lender applies interest daily.
>
>Is this very unusual and is there a way to get this to work in GNUCash?
>
>Regards,
>Henrik Morsing
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