Mortgage interest changes and recalculation
When you change mortgage interest, add a new mortgage, or remove an item, NettoWise updates the calculation automatically. This page gives you a quick overview of what happens.
New mortgage
When you add a new mortgage, NettoWise creates a new yearly deduction and distributes it per period. The impact is applied immediately in your net calculation.
Changes
With a change, such as extra repayment or an updated interest amount, NettoWise recalculates the annual deduction. The distribution across the remaining periods is updated so your figures stay current.
Removal
If you delete a mortgage interest item, NettoWise removes the deduction from your calculation. The effect shows up directly in the remaining periods.
Swen van Zanten
Developer