|
#3
| |||
| |||
| Leave the payment blank in this case and enter the interest rate. Money allows you to leave one of the entries blank, which it will then calculate. -- Glyn Simpson, Microsoft MVP - Money Check http://support.microsoft.com/default...d=fh;EN-GB;mny for UK tips and fixes for MS Money. To send Microsoft your wishes or suggestions, use http://register.microsoft.com/mswish/suggestion.asp or http://www.microsoft.com/uk/support/money/feedback especially if it's a UK specific wish. I do not respond to any unsolicited email regarding Money "Susan" <anonymous[at]discussions.microsoft.com> wrote in message news:c31101c489fc$782c4e70$a501280a[at]phx.gbl... - quote - > I too have an interest only loan...but my payment varies > but I know the interest rate do i enter any differently? > > -----Original Message----- > > In microsoft.public.money, Mychal wrote: > > > > How do I set up Money 2004 to handle an interest only > > > home mortgage? I have tried multple scenerios but still > > > can not figure out how to get this set up > > > Set it up with a balloon payment equal to the borrowed > amount. > > > If you know the payment amount, leave the interest rate > blank for > > Money to calculate. > > > > . > |
|
#2
| |||
| |||
| I too have an interest only loan...but my payment varies but I know the interest rate do i enter any differently? - quote - > -----Original Message----- > In microsoft.public.money, Mychal wrote: > > How do I set up Money 2004 to handle an interest only > > home mortgage? I have tried multple scenerios but still > > can not figure out how to get this set up > Set it up with a balloon payment equal to the borrowed amount. > If you know the payment amount, leave the interest rate blank for > Money to calculate. > . |
|
#1
| |||
| |||
| In microsoft.public.money, Mychal wrote: - quote - > How do I set up Money 2004 to handle an interest only
Set it up with a balloon payment equal to the borrowed amount.> home mortgage? I have tried multple scenerios but still > can not figure out how to get this set up If you know the payment amount, leave the interest rate blank for Money to calculate. |
| | |||
| |||
| When putting in the details, leave the interest rate blank, and set the 'balloon amount' to be equal to the value of the loan. -- Glyn Simpson, Microsoft MVP - Money Check http://support.microsoft.com/default...d=fh;EN-GB;mny for UK tips and fixes for MS Money. To send Microsoft your wishes or suggestions, use http://register.microsoft.com/mswish/suggestion.asp or http://www.microsoft.com/uk/support/money/feedback especially if it's a UK specific wish. I do not respond to any unsolicited email regarding Money "Mychal" <anonymous[at]discussions.microsoft.com> wrote in message news:a70e01c4879e$5c10bd80$a401280a[at]phx.gbl... - quote - > How do I set up Money 2004 to handle an interest only > home mortgage? I have tried multple scenerios but still > can not figure out how to get this set up |
|
#-1
| |||
| |||
| How do I set up Money 2004 to handle an interest only home mortgage? I have tried multple scenerios but still can not figure out how to get this set up |
| Tags |
| interest, mortgage |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| Interest Only Mortgage - Difficulty setting up Jay: 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... | Microsoft Money | 1 | 08-04-2004 09:08 PM | |
| Setting Up Interest Only Mortgage Payments Noray: Anybody have any idea how you could set up a mortgage account in Money 2004 Deluxe for a 5 year adjustable rate mortgage making interest only... | Microsoft Money | 1 | 05-05-2004 07:59 AM | |
| Mortgage Wizard Interest Calculations. Oscar: On setting up a mortgage account using the mortage wizard, the program insists on calculating interest on a monthly basis, rather than the daily... | Microsoft Money | 3 | 03-01-2004 02:48 AM | |
| Daily Interest on Mortgage Accounts Wazza: I have tried to set up my Mortgage account many times, but there appears to be no option for Interest calculated on a daily basis. Is anyone aware... | Microsoft Money | 1 | 08-04-2003 06:47 AM | |
| Thread Tools | |
| Display Modes | |
| |