Re: [GNC] Loan with overpayments
Thanks Stephen. I'm in the UK and it's usual to have interest calculated daily and applied in advance on the first of the month. Payment can be any date you choose. The bank only sends an annual statement with a single figure for the total interest that year - not at all helpful in this case. I guess I will need to find a suitable spreadsheet and adjust the scheduled transaction figures. Claire Sent from Yahoo Mail on Android ___ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. - Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
[GNC] Loan with overpayments
Hello I have a loan at a fixed interest rate and was planning to use "Loan and Mortgage Repayment...". However I do have the option to make overpayments. I checked this mailing list and there was a thread regarding mortgages in 2013 which said that the SX uses the original amount to calculate interest not the current balance. Is this still the case? If that is the case is there any manual workaround I can do to get it to calculate the interest correctly? Claire Sent from Yahoo Mail on Android ___ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. - Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
