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Old 08-04-2004, 08:08 PM
Glyn Simpson, MVP
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Default Re: Interest Only Mortgage - Difficulty setting up

The best way would be to NOT put in an interest rate, and set the balloon
amount equal to the amount of the loan. Money will work out one value for
you, so by missing one out, Money will make sure the numbers work.

--
Glyn Simpson, Microsoft MVP - Money

Check http://support.microsoft.com/default...d=fh;EN-GB;mny
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"Jay" <jtoharejr[at]NOSPAMhotmail.com> wrote in message
news:cercj50fm2[at]news1.newsguy.com...
- quote -

> I am having difficulty creating an interest only mortgage. I keep getting
an
> error stating that the terms & amounts do not work together. Any ideas on
> how to get this to work?
> Thanks,
> Jay



  #-1  
Old 08-04-2004, 07:14 PM
Jay
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Posts: n/a
Default Interest Only Mortgage - Difficulty setting up

I am having difficulty creating an interest only mortgage. I keep getting an
error stating that the terms & amounts do not work together. Any ideas on
how to get this to work?
Thanks,
Jay


 

Tags
difficulty, interest, mortgage, setting
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