My understanding is the DRIP does not like scheduled debt. It's really only
been useful for accounts like credit cards and lines of credit.
--
Chris Cowles
Gainesville, FL


"GlennR" <GlennR[at]discussions.microsoft.com> wrote in message
news:1D879A99-198B-48F6-8EA8-45166D6B523D[at]microsoft.com...
- quote -

I manged to get y credit cards added the planner thanks to the forum.
Everything seems to work well including the amounts I want to pay every
month. I recently set up my mortgage using the new accounts feature and it
seems the amortization schedule is working well like it did with Money 2003.
I enter the required information in account wizard (balance, interest rate,
P&I, etc.). Money automatically calculates number of payments, interest,
etc.). I then go back to change the loan terms to reflect the additional
principal payment. Here's where I run into a problem. My monthly payment is
calculated to be $1297.50 which is correct. When I go into the debit
reduction planner to add my home mortgage, the balance is accurate but it
says my minimum payment is $1298.00. When I enter the debt detail for
account, to popup says "This is th normal payment amount that was set up when
this loan account was created. To change the normal payment amount, click
Cancel, and then go to Accounts Details to edit your loan information."
Well--when I do that, the account tells me that my monthly payment is
$1297.50. Am I missing something? My guess is that you planner likes to use
whole numbers and doesn't like to deal with cents. The planner automatically
goes to the next dollar. Is this a bug or did MS intentially do this? Thanks.