11-04-2005, 02:40 AM
| |||
| |||
 Re: Additional Mortgage Payment The amortization schedule amortizes according to the payment value associated with the PI values setup for the loan, not with the scheduled/actual loan payments. Excel is always a handy accessory for Money. It's odd that one costs $20 and the other $100. "Stuart" <Stuart[at]discussions.microsoft.com> wrote in message news:AD97F85F-99A4-4DBE-B558-EB7994B10498[at]microsoft.com... - quote - > On the 1st of each month my mortgage payment is drafted from my bank & > Money > 2005 tracks it with no problem; however I also make an additional mortgage > payment on the 15th of every month and I'm unable to get Money to > recognize > the extra payment. > I've setup a recurring payment for the 15th of each month as follows: > Pay To: Mortgage Company > Pay From: Bank Account > Category: Loan Payment : Mortgage > This payment is reflected in my account regsiter but the mortgage > amortization schedule only reflects the payments made at the 1st of the > month. > Any ideas on how to remedy this problem? > Thanks in advance for any suggestions. |
|
#-1
11-04-2005, 01:40 AM
| |||
| |||
| Additional Mortgage Payment On the 1st of each month my mortgage payment is drafted from my bank & Money 2005 tracks it with no problem; however I also make an additional mortgage payment on the 15th of every month and I'm unable to get Money to recognize the extra payment. I've setup a recurring payment for the 15th of each month as follows: Pay To: Mortgage Company Pay From: Bank Account Category: Loan Payment : Mortgage This payment is reflected in my account regsiter but the mortgage amortization schedule only reflects the payments made at the 1st of the month. Any ideas on how to remedy this problem? Thanks in advance for any suggestions. |
| Tags |
| additional, mortgage, payment |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| m01--How to set up additional principal pmt on mortgage Donna Ford: I have been given a system with money 2001. I have everything set up I think except that I do not seem to be able to set up my mortgage payment to... | Microsoft Money | 1 | 01-16-2005 12:57 PM | |
| How do I enter additional principal on mortgate payment? Mike: I'm using Money 2005 S.B. I just set up a new account as a home mortgage account. I entered the payment(principal and interest) but I... | Microsoft Money | 1 | 01-10-2005 07:16 AM | |
| Making Extra Additional Mortgage payments thesigmons: I've refinanced my house and although my mortgage costs have gone down a lot, I'm still making the same payments so that I can pay down the... | Microsoft Money | 1 | 04-04-2004 01:28 PM | |
| Mortgage payment Skyswim: How do I get the mortgage payments that I made in 2003 to show up in the mortgage account if I didn't pay them from there. It is a simple transfer... | Microsoft Money | 2 | 02-03-2004 02:43 AM | |
| Thread Tools | |
| Display Modes | |
| |
Linear Mode
