Great strategy as long as the 4-1/2% stays true. If it goes to 0 or negative
in an environment of increasing interest rates, life could get sporting.
Best of luck and thanks for the feedback.

"pitarobb" <pitarobb[at]discussions.microsoft.com> wrote in message
news:A7E366DE-9F7A-40A5-BB28-B49082C4D042[at]microsoft.com...
- quote -

thx for the reply...as I feared, $'05/'06 can't handle such a complex acc't

Concerning your 2nd comment, I choose to select neg-amm loans for
investments properties(rentals) which the prop-value increases at a faster
rate(4-12%/yr) than the loan-index(1%/yr) such that I can maximize cash-flow
to purchase additional properties, then flip the properties about every 5-7
years and come out way ahead of the game.


~~Robb


"Dick Watson" wrote:

- quote -

I'm not sure it will let you create a loan with negative amortization.
Interesting question, though. Maybe you want to set this up not as a Loan
account but as a liability. That would complicate computing the
payments--you'd have to do them off statements. Each payment would have, as
I think about it, two components. An interest expense component and a
transfer FROM the liability to the payment. This would increase the
liability every month.

On the financial counseling side, what would be the sense, in an environment
likely marked by increasing interest rates and flat or declining housing
values, in taking out such a loan?

"pitarobb" <pitarobb[at]discussions.microsoft.com> wrote in message
news:75403D7A-2631-4A19-8AC4-EC52A13C0D13[at]microsoft.com...
- quote -

The new $'05 loan-wizard gets cranky when I try to add a new mortgage and
plugging in the values(principal/rate/etc...) for a mimimum-payment(less than
interest-only) ARM mortgage

any thoughts ?


thx,
~~Robb