MS Money Mortgage Account

#6 08-26-2005, 12:28 PM

yutyutyuy

"mlw734" <mlwest[at]chartertn.net> wrote in message
news:1124335057.228743.129190[at]f14g2000cwb.googlegroups.com...
- quote -

> The transaction includes 2 calculated values, P & I and 2 fixed values,
> Thanks MLW

#5 08-18-2005, 03:17 AM

The transaction includes 2 calculated values, P & I and 2 fixed values,

Thanks MLW

#4 08-15-2005, 07:13 AM

Does the bills/deposits entry for this loan payment contain a split
transaction with two lines (plus any other loan costs), both of which say
'calculated' in the amount field?

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"mlw734" <mlwest[at]chartertn.net> wrote in message
news:1123978952.321775.303720[at]g47g2000cwa.googlegroups.com...
- quote -

> Yes I am. But the problem is inconsistency in the values it
> calculates. Some months it calculates the principal and interest right
> on. Other months I get results similar to listed in thread.
> Is there a problem with Loan Payment Category?

#3 08-15-2005, 03:39 AM

Thanks

#2 08-14-2005, 11:37 PM

I'm unaware of any specific problems with the loan payment category and have
not seen what you're seeing. I'm at a loss for what might be causing the
problem.

--

"mlw734" <mlwest[at]chartertn.net> wrote in message
news:1123978952.321775.303720[at]g47g2000cwa.googlegroups.com...
- quote -

> Yes I am. But the problem is inconsistency in the values it
> calculates. Some months it calculates the principal and interest right
> on. Other months I get results similar to listed in thread.
> Is there a problem with Loan Payment Category?

#1 08-14-2005, 12:22 AM

Yes I am. But the problem is inconsistency in the values it
calculates. Some months it calculates the principal and interest right
on. Other months I get results similar to listed in thread.

Is there a problem with Loan Payment Category?

08-13-2005, 12:12 AM

Are you using the special "loan payment" category? It's at the end of the
category list.

--

"mlw734" <mlwest[at]chartertn.net> wrote in message
news:1123889761.124244.46100[at]g44g2000cwa.googlegroups.com...
- quote -

> I currently running MSM03. I have a mortgage account set up for the
> monthly payments. I set the account up based upon the amount of loan,
> monthly payment, rate and escrow details. When I pay the mortgage from
> my checking account, it automatically calculates the principal and
> interest per the orignal set up.
> Recently the calculated values are incorrect. For instance this month,
> an 1,800.00 payment should have calculated the payment to be ~801 (P)
> and ~789 (I), plus fixed excrow. It instead calculates tne principal
> as ~1,500.00 splits the fixed escrow and then calculates the interest
> as what is left over. I certainly see the opportunity to pay off the
> mortgage quicker but I don't think the bank will believe me.
> Help??
> MLWEST

#-1 08-12-2005, 11:36 PM

I currently running MSM03. I have a mortgage account set up for the
monthly payments. I set the account up based upon the amount of loan,
monthly payment, rate and escrow details. When I pay the mortgage from
my checking account, it automatically calculates the principal and
interest per the orignal set up.

Recently the calculated values are incorrect. For instance this month,
an 1,800.00 payment should have calculated the payment to be ~801 (P)
and ~789 (I), plus fixed excrow. It instead calculates tne principal
as ~1,500.00 splits the fixed escrow and then calculates the interest
as what is left over. I certainly see the opportunity to pay off the
mortgage quicker but I don't think the bank will believe me.

Help??
MLWEST

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