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#4
12-10-2004, 06:06 PM
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 Re: How can I change mortgage payment plan/freq in Money 2005 smal In microsoft.public.money, mzreed wrote: - quote - > So creating a new account is the only way?
Way to account for a refinance or change of terms with the samelender? Read both of these to see two ways described. How to enter home refinance data in Microsoft Money (837875) - Explains how to enter financial data such as splits when you refinance your home http://support.microsoft.com/default...b;en-us;837875 How to Change Loan Payment Frequency (266028) - When you first set up a loan in Microsoft Money, you can choose from many payment schedule options, including weekly, biweekly, and monthly. However, after you complete setting up the loan, you are unable to change the payment frequency of the loan. http://support.microsoft.com/default...b;en-us;266028 http://umpmfaq.info/faqdb.php?q=86 may also have information that applies to you. Keep a copy of your file before changes in case you don't like some result. - quote - > "Cal Learner-- MVP" wrote: > > In microsoft.public.money, -Draino- wrote: > > > > You can't. I've been trying to do the same thing as I pay mine twice a > > > month. > > > If you refinanced, twice a month is one of the periods that the > > mortgage setup offers. > > > If you are paying a third party to send in payments to your > > continuing mortgage, you could enter that as a scheduled transaction > > that is a split: part of it as a principle transfer to the loan, and > > part as a convenience fee to the third party. > > > > > > > D > > > > > > > > > "mzreed" <mzreed[at]discussions.microsoft.com> wrote in message > > > news:3C5A984C-0044-4CA9-A115-D1C496839776[at]microsoft.com... > > > > After I set up a mortgage pay plan. How can I change to frequency of the > > > > payment and still have the correct loan amounts (principle, interest, > > > > escrows) applied to the appropriate categories? I found an old reference > > > > from past versions that said to use the refinance option. This option no > > > > longer seems to exist in Money 2005? > > > > |
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#3
12-10-2004, 05:49 PM
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| Re: How can I change mortgage payment plan/freq in Money 2005 smal So creating a new account is the only way? "Cal Learner-- MVP" wrote: - quote - > In microsoft.public.money, -Draino- wrote: > > You can't. I've been trying to do the same thing as I pay mine twice a > > month. > If you refinanced, twice a month is one of the periods that the > mortgage setup offers. > If you are paying a third party to send in payments to your > continuing mortgage, you could enter that as a scheduled transaction > that is a split: part of it as a principle transfer to the loan, and > part as a convenience fee to the third party. > > > D > > > > > "mzreed" <mzreed[at]discussions.microsoft.com> wrote in message > > news:3C5A984C-0044-4CA9-A115-D1C496839776[at]microsoft.com... > > > After I set up a mortgage pay plan. How can I change to frequency of the > > > payment and still have the correct loan amounts (principle, interest, > > > escrows) applied to the appropriate categories? I found an old reference > > > from past versions that said to use the refinance option. This option no > > > longer seems to exist in Money 2005? > |
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#2
12-04-2004, 02:40 PM
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| Re: How can I change mortgage payment plan/freq in Money 2005 small bi I refied and didn't start making bi-monthly payments until about the 6th payment. There is no way to fix the problem now. I just enter the payments and adjust the P&I accordingly. D "Cal Learner-- MVP" <via_newsgroup[at]please.tnx> wrote in message news:v9n1r0pbliajeop4rj6alh7r1o01nttqul[at]4ax.com... - quote - > In microsoft.public.money, -Draino- wrote: > > You can't. I've been trying to do the same thing as I pay mine twice a > > month. > If you refinanced, twice a month is one of the periods that the > mortgage setup offers. > If you are paying a third party to send in payments to your > continuing mortgage, you could enter that as a scheduled transaction > that is a split: part of it as a principle transfer to the loan, and > part as a convenience fee to the third party. > > > D > > > > > "mzreed" <mzreed[at]discussions.microsoft.com> wrote in message > > news:3C5A984C-0044-4CA9-A115-D1C496839776[at]microsoft.com... > > > After I set up a mortgage pay plan. How can I change to frequency of > > > the > > > payment and still have the correct loan amounts (principle, interest, > > > escrows) applied to the appropriate categories? I found an old > > > reference > > > from past versions that said to use the refinance option. This option > > > no > > > longer seems to exist in Money 2005? > |
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#1
12-03-2004, 08:45 PM
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| Re: How can I change mortgage payment plan/freq in Money 2005 small bi In microsoft.public.money, -Draino- wrote: - quote - > You can't. I've been trying to do the same thing as I pay mine twice a
If you refinanced, twice a month is one of the periods that the> month. mortgage setup offers. If you are paying a third party to send in payments to your continuing mortgage, you could enter that as a scheduled transaction that is a split: part of it as a principle transfer to the loan, and part as a convenience fee to the third party. - quote - > D > "mzreed" <mzreed[at]discussions.microsoft.com> wrote in message > news:3C5A984C-0044-4CA9-A115-D1C496839776[at]microsoft.com... > > After I set up a mortgage pay plan. How can I change to frequency of the > > payment and still have the correct loan amounts (principle, interest, > > escrows) applied to the appropriate categories? I found an old reference > > from past versions that said to use the refinance option. This option no > > longer seems to exist in Money 2005? |
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12-03-2004, 08:33 PM
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| Re: How can I change mortgage payment plan/freq in Money 2005 small bi You can't. I've been trying to do the same thing as I pay mine twice a month. D "mzreed" <mzreed[at]discussions.microsoft.com> wrote in message news:3C5A984C-0044-4CA9-A115-D1C496839776[at]microsoft.com... - quote - > After I set up a mortgage pay plan. How can I change to frequency of the > payment and still have the correct loan amounts (principle, interest, > escrows) applied to the appropriate categories? I found an old reference > from past versions that said to use the refinance option. This option no > longer seems to exist in Money 2005? |
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#-1
12-03-2004, 07:19 PM
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| How can I change mortgage payment plan/freq in Money 2005 small bi After I set up a mortgage pay plan. How can I change to frequency of the payment and still have the correct loan amounts (principle, interest, escrows) applied to the appropriate categories? I found an old reference from past versions that said to use the refinance option. This option no longer seems to exist in Money 2005? |
| Tags |
| 2005, change, money, mortgage, payment, plan or freq, small |
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