diff --git a/frontend/src/views/loans/LoansView.vue b/frontend/src/views/loans/LoansView.vue
index 8310a3b..eac7673 100644
--- a/frontend/src/views/loans/LoansView.vue
+++ b/frontend/src/views/loans/LoansView.vue
@@ -104,7 +104,7 @@
       </v-card>
 
       <v-alert v-if="loanDetail" type="info" variant="tonal" density="compact" class="mb-4">
-        Amounts shown are estimates using {{ isDailyAccrualAccount ? 'daily interest accrual' : 'standard monthly compounding' }}. Actual values may differ slightly due to your lender's rounding practices.
+        Amounts shown are estimates based on standard monthly compounding. Actual values may differ due to your lender's rounding practices, extra payments, or rate changes.
       </v-alert>
 
       <!-- Amortization Schedule -->
@@ -269,17 +269,10 @@ const snackbarText = ref('')
 const snackbarColor = ref('success')
 
 const loanAccountTypes = ['AutoLoan', 'PersonalLoan', 'Mortgage', 'LineOfCredit']
-const dailyAccrualTypes = ['AutoLoan', 'LineOfCredit']
-
 const loanAccounts = computed(() =>
   accountsStore.accounts.filter(a => a.hasLoanDetail || loanAccountTypes.includes(a.type))
 )
 
-const isDailyAccrualAccount = computed(() => {
-  const account = accountsStore.accounts.find(a => a.id === props.id)
-  return account ? dailyAccrualTypes.includes(account.type) : false
-})
-
 const amortHeaders = [
   { title: '#', key: 'paymentNumber', width: '60px' },
   { title: 'Date', key: 'paymentDate', width: '110px' },
diff --git a/src/Purrse.Api/Services/LoanService.cs b/src/Purrse.Api/Services/LoanService.cs
index d1aca58..071326e 100644
--- a/src/Purrse.Api/Services/LoanService.cs
+++ b/src/Purrse.Api/Services/LoanService.cs
@@ -49,7 +49,7 @@ public class LoanService : ILoanService
             ExtraPayment = request.ExtraPayment
         };
 
-        var entries = GenerateAmortizationSchedule(loanDetail, account.Type);
+        var entries = GenerateAmortizationSchedule(loanDetail);
         loanDetail.AmortizationEntries = entries;
 
         _db.LoanDetails.Add(loanDetail);
@@ -82,7 +82,7 @@ public class LoanService : ILoanService
         l.EscrowAmount = request.EscrowAmount;
         l.ExtraPayment = request.ExtraPayment;
 
-        var entries = GenerateAmortizationSchedule(l, account.Type);
+        var entries = GenerateAmortizationSchedule(l);
         foreach (var entry in entries)
         {
             entry.LoanDetailId = l.Id;
@@ -118,14 +118,11 @@ public class LoanService : ILoanService
 
         // Build new schedule with extra payments
         var balance = Math.Abs(account.Balance);
-        var useDailyAccrual = UseDailyAccrual(account.Type);
         var monthlyRate = l.InterestRate / 100m / 12m;
-        var dailyRate = l.InterestRate / 100m / 365m;
         var extraMonthly = request.ExtraMonthlyPayment ?? 0;
         var basePayment = l.MonthlyPayment - (l.EscrowAmount ?? 0);
         var now = DateTime.UtcNow;
         var startDate = new DateTime(now.Year, now.Month, l.OriginationDate.Day, 0, 0, 0, DateTimeKind.Utc);
-        var previousDate = startDate;
 
         var newEntries = new List<AmortizationEntryResponse>();
         int paymentNum = 0;
@@ -142,15 +139,12 @@ public class LoanService : ILoanService
             paymentNum++;
             var paymentDate = startDate.AddMonths(paymentNum);
 
-            var interest = useDailyAccrual
-                ? Math.Round(balance * dailyRate * (paymentDate - previousDate).Days, 2)
-                : Math.Round(balance * monthlyRate, 2);
+            var interest = Math.Round(balance * monthlyRate, 2);
             var principal = Math.Min(basePayment + extraMonthly - interest, balance);
             if (principal < 0) principal = 0;
 
             balance -= principal;
             if (balance < 0.01m) balance = 0;
-            previousDate = paymentDate;
 
             newEntries.Add(new AmortizationEntryResponse(
                 paymentNum, paymentDate, principal + interest + (l.EscrowAmount ?? 0),
@@ -187,30 +181,21 @@ public class LoanService : ILoanService
         return new LoanDefaultsResponse(0, interestRate, termMonths, hasSyncData);
     }
 
-    private static bool UseDailyAccrual(AccountType type) =>
-        type is AccountType.AutoLoan or AccountType.LineOfCredit;
-
-    private static List<AmortizationEntry> GenerateAmortizationSchedule(LoanDetail loan, AccountType accountType)
+    private static List<AmortizationEntry> GenerateAmortizationSchedule(LoanDetail loan)
     {
         var entries = new List<AmortizationEntry>();
         var balance = loan.OriginalBalance;
-        var useDailyAccrual = UseDailyAccrual(accountType);
         var monthlyRate = loan.InterestRate / 100m / 12m;
-        var dailyRate = loan.InterestRate / 100m / 365m;
         var payment = loan.MonthlyPayment - (loan.EscrowAmount ?? 0);
         var extra = loan.ExtraPayment ?? 0;
-        var previousDate = loan.OriginationDate.AddMonths(-1);
 
         for (int i = 1; i <= loan.TermMonths && balance > 0; i++)
         {
             var paymentDate = loan.OriginationDate.AddMonths(i - 1);
-            var interest = useDailyAccrual
-                ? Math.Round(balance * dailyRate * (paymentDate - previousDate).Days, 2)
-                : Math.Round(balance * monthlyRate, 2);
+            var interest = Math.Round(balance * monthlyRate, 2);
             var principal = Math.Min(payment + extra - interest, balance);
             balance -= principal;
             if (balance < 0.01m) balance = 0;
-            previousDate = paymentDate;
 
             entries.Add(new AmortizationEntry
             {