Mortgage Compound Matlab Can Someone Explain A Daily Compounded Mortgage To Me?

Can someone explain a daily compounded mortgage to me? - mortgage compound matlab

I have a mortgage on 1/24/07. Bank says our first payment of 4 / 12. I paid on time (early actually) every month and the first 2 months were primarily the payment of interest. Each mortgage amortization calculator I have said that something that interest must be applied. When I saw the bank (Wachovia), said that my interest is more difficult each day.
I have to look elsewhere to refinance?