Bug 317414 - Belgium mortgage loan calculation
Summary: Belgium mortgage loan calculation
Status: REPORTED
Alias: None
Product: kmymoney
Classification: Applications
Component: general (show other bugs)
Version: unspecified
Platform: Other Unspecified
: NOR wishlist
Target Milestone: ---
Assignee: KMyMoney Devel Mailing List
URL:
Keywords:
Depends on:
Blocks:
 
Reported: 2013-03-26 23:48 UTC by Johnny Geling
Modified: 2013-03-26 23:50 UTC (History)
0 users

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Description Johnny Geling 2013-03-26 23:48:49 UTC 
While using the loan account type and the wizzard the calculated
payment is not the same as what is calculated by a Belgian bank. In
Belgium a monthly intrest is used. This monthly intrest is not the
yearly interest divided by 12. The correct monthly interest is
calculated using the formula: monthly intrest = ((1 + yearly
interest)^(1/12))-1

Would it be possible to add this feature (monthly interest
calculation of the belgium banks) to Kmymoney?

Reproducible: Always