[moneydance] Canadian Mortgage Calculation

[Gordon Alley]

In situations like this, I let MD create the transactions, and then
later, when I receive the statement from the lender, I go back and
correct them.

-Gordon

On 11/13/07, Edward Reid <edward at paleo.org> wrote:
> At 07:46 11/10/07 -0500, Rod Janes wrote:
> >Unfortunately, I now have a mortgage.
>
> My condolences. Unfortunately there are a number of minor ways in which
> banks can alter the amortization calculations. Most likely it's possible to
> offer all the options, but MD does not, and offering all the options would
> make it very complex for general consumer use.
>
> Basically your options are to accept MD's approximations and say "good
> enough for government work", or enter the exact numbers from your lender's
> amortization schedule in each payment.
>
> Edward
> --
> Art works by Melynda Reid: http://paleo.org


-- 
Gordon B. Alley
http://www.gordonalley.com