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Bi-weekly due dates for loan repayments

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PohTek

IS-IT--Management
Jun 10, 2020
1
PG
Hi. Currently doing a program to calculate the loan repayments with due date, principal, interest and fortnight amortization. May I ask how do I calculate the repayment type to bi-weekly or fortnightly and populate the schedule of due dates bi-weekly automatically from the start date of payment. I only know for the weekly calculation i.e. DueDate = DateAdd("ww", intNumber, Me!Date)

Thank you so much in advance.

 
For bi-weekly: DueDate = intNumber * 14 * Me!Date
For fixed periods, in opposite to months, simple math can be used.

combo
 
Do you need all of the payment calculation functionality in addition to the scheduling piece?

Duane
Minnesota
Hook'D on Access
MS Access MVP 2001-2016
 
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