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#2
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| You have the exact solution already in mind. "Jeff.P" <jeffpratt[at]comcast-dot-net.no-spam.invalid> wrote in message news:VcCdnXS9-_3yEaXeRVn_vQ[at]giganews.com... - quote - > How do I configure this. Is this different than making the balloon > amount equal to the mortgage amount? |
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#1
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| How do I configure this. Is this different than making the balloo amount equal to the mortgage amount |
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| Jeff.P wrote: - quote - > I'm having trouble setting up an interest-only mortgage in M2006. I
Revise the loan to have a terminal balloon payment equal to the principal.> have followed the wizard and made the balloon amount the same as the > mortgage amount, typed in the principle+interest payment amount and > had it calculate the interest rate. > When I enter a transaction, it shows as a principle payment. How do I > just have the payment apply to interest? |
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#-1
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| I'm having trouble setting up an interest-only mortgage in M2006. have followed the wizard and made the balloon amount the same as th mortgage amount, typed in the principle+interest payment amount an had it calculate the interest rate. When I enter a transaction, it shows as a principle payment. How do just have the payment apply to interest? Please advise Thank |
| Tags |
| 2006, interestonly, mortgage |
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