Hi, I am having trouble schedule monthly payment with Mortgage and Loan repayment program. It doesn't work for my use case. I wonder if there is a better solution or am I using it incorrectly.
I have a 180 months (15yr) mortgage with 4% interest rate. Original loan amount 300,000. Starting date 07/01/2017. Scheduled payment is 2500.00(principle+interests) per month, but instead I have been making 3000.00 every month. (500 extra go towards principle) (Above numbers are made up numbers) When I finish the wizard in mortgage loan repayment program, it gives me a scheduled split-transaction correctly as $2500 every month. There is no place for me to put my customized monthly payment. Therefore, the interest and remaining principle is all out of sync. Can someone help? I found a solution <http://gnucash.1415818.n4.nabble.com/Loan-Mortgage-payments-with-quot-adjusted-quot-principle-eg-after-an-extra-principle-payment-SOLVED-td4692686.html> on the forum, but I had a question on how to use a customized formula in a scheduled transaction. Does anyone have any suggestions? -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html _______________________________________________ gnucash-user mailing list [email protected] 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.
