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Old 06-10-2005, 05:26 AM
Ryan the Humble
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Default Re: Interest Only Mtg 2005

Thanks to you both.


"Chris Cowles" <NoSpam[at]For.me> wrote in message
news:eLz2nmLbFHA.2876[at]TK2MSFTNGP10.phx.gbl...
- quote -

> Easy. Configure it with a balloon payment equal to the principal.
> "Ryan the Humble" <ryndavis10[at]cox.net> wrote in message
> news:%23ijfI%23KbFHA.2756[at]tk2msftngp13.phx.gbl...
> > When we purchased out home we put two mortgages on the propery. The
> > first is an interest only which includes our Impounds for Taxes and
> > Hazard Insurance. Our second is a regular 30 year note. Is there any
> > way to configure Money 2005 to recognize the Interest Only mortgage so
> > that I would not have to manually change each payment, removing the
> > principle amount?
> > > Thanks in advance
> > > Ryan Davis

>


  #1  
Old 06-09-2005, 06:08 AM
Chris Cowles
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Posts: n/a
Default Re: Interest Only Mtg 2005

Easy. Configure it with a balloon payment equal to the principal.

"Ryan the Humble" <ryndavis10[at]cox.net> wrote in message
news:%23ijfI%23KbFHA.2756[at]tk2msftngp13.phx.gbl...
- quote -

> When we purchased out home we put two mortgages on the propery. The first
> is an interest only which includes our Impounds for Taxes and Hazard
> Insurance. Our second is a regular 30 year note. Is there any way to
> configure Money 2005 to recognize the Interest Only mortgage so that I
> would not have to manually change each payment, removing the principle
> amount?
> Thanks in advance
> Ryan Davis



 
Old 06-09-2005, 05:21 AM
Dick Watson
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Default Re: Interest Only Mtg 2005

See http://umpmfaq.info/faqdb.php?q=160.

"Ryan the Humble" <ryndavis10[at]cox.net> wrote in message
news:%23ijfI%23KbFHA.2756[at]tk2msftngp13.phx.gbl...
- quote -

> When we purchased out home we put two mortgages on the propery. The first
> is an interest only which includes our Impounds for Taxes and Hazard
> Insurance. Our second is a regular 30 year note. Is there any way to
> configure Money 2005 to recognize the Interest Only mortgage so that I
> would not have to manually change each payment, removing the principle
> amount?



  #-1  
Old 06-09-2005, 04:56 AM
Ryan the Humble
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Posts: n/a
Default Interest Only Mtg 2005

When we purchased out home we put two mortgages on the propery. The first
is an interest only which includes our Impounds for Taxes and Hazard
Insurance. Our second is a regular 30 year note. Is there any way to
configure Money 2005 to recognize the Interest Only mortgage so that I would
not have to manually change each payment, removing the principle amount?

Thanks in advance

Ryan Davis


 

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2005, interest, mtg
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