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Old 08-17-2003, 05:28 PM
Dick Watson
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Default Re: Interest Only Mortgages

In that context "leave out the rate" makes a lot more sense.

"Glyn Simpson, MVP" <glyn[at]serf.org> wrote in message
news:%23QUYvmMZDHA.2632[at]TK2MSFTNGP09.phx.gbl...
- quote -

> If you leave it blank, then the program calculates it. If it's just a
little
> out (lets say you were quoted 4% and Money calculated it as 4.001%) then

the
> program might say that the values don't work together.



 
Old 08-17-2003, 09:32 AM
Robert Ollier
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Default Re: Interest Only Mortgages

Thanks, Dick. According to Microsoft, that's the answer, combined with not
entering an interest rate.
Robert

"Dick Watson" <littlegreengecko[at]mindspring.com> wrote in message
news:%235DPofGZDHA.2960[at]tk2msftngp13.phx.gbl...
- quote -

> Set the balloon payment equal to the principal?
> "Robert Ollier" <ollierr[at]powerup.com.au> wrote in message
> news:PBB%a.391$QX5.25774[at]nnrp1.ozemail.com.au...
> > Does anyone know how to set up an interest-only mortgage using Money

2004
> > Standard? The help file refers to 'endowment mortgages', which seem

> similar
> > to what I need, but there doesn't seem to be any way of establishing an
> > endowment mortgage, despite the program acknowledgingthe concept.



  #-1  
Old 08-17-2003, 02:18 AM
Robert Ollier
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Posts: n/a
Default Interest Only Mortgages

Does anyone know how to set up an interest-only mortgage using Money 2004
Standard? The help file refers to 'endowment mortgages', which seem similar
to what I need, but there doesn't seem to be any way of establishing an
endowment mortgage, despite the program acknowledgingthe concept.

Thanks
Robert


 

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