"Vadim Rapp" <vrapp[at]nospam.polyscience.com> wrote in message
news:uLKdSe1yEHA.3820[at]TK2MSFTNGP11.phx.gbl...
- quote -


Thanks for the idea Vadim. In fact it was set up in the Quicken file I
converted. Quicken loan setup is not as nice as Money, anyway, it makes
some adjustments rather than regular payments if you set it up after
payments have been made. I blew the loan away and recreated in Money
manually, lo and behold, it's now correct.

I know better, I should have done that in the first place, but was just
going with my instinct that a mortgage is not the toughest thing in the
world to calculate, so it must be a bug.

Thanks,

R

R> For example, next month the principal is $178, in January it's $149, in
R> February $150, then in Martch it's $239.

first that comes to mind - are there any extra principal payments?

You can force Money to recalculate the amortization by entering a small
extra payment, letting Money recalculate when it asks, then delete the extra
and recalculate once again.

Vadim

I may have found one.

In Money on my mortgage I clicked on the link on the left that says "Analyze
Loan".

The table that then displays looks errant.

For example, next month the principal is $178, in January it's $149, in
February $150, then in Martch it's $239. To my knowledge on a thirty year
fixed note, the principal is a small amount at the front end of the loan and
then ever so slighty increases from month to month until you cross over
about 2/3rds of the way into the loan with the prinicipal amount becoming
more than the interest. This jumping all about just doesn't make sense to
me.

Seems all wrong to me, but I'm willing to be educated if someone can make a
case.

R