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Old 12-02-2005, 01:54 AM
Dick Watson
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Default Re: adding principal to loan payment

Huh. I don't know where my answer went. Maybe the server thought it was
SPAM?

Anyway, the wizard can't do this since you didn't change the details of the
loan.

Edit the scheduled Loan Payment. Add another line to its details, category
Principal Transfer, amount of the additional principal.

"BEF" <BEF[at]discussions.microsoft.com> wrote in message
news:8C884579-6A9A-47CB-9CA7-8F2AB625F0CF[at]microsoft.com...
- quote -

> Using Money 2006. I want to increase my prinicpal payment by a fixed
> amount
> every month and have it applied to principal. Can't make it work thru the
> Change Loan Details wizard. Any help out there?



 
Old 12-01-2005, 10:17 PM
Dick Watson
Guest
 
Posts: n/a
Default Re: adding principal to loan payment

Yah. Don't try to do it through the Change Loan Details wizard. You didn't
change the loan.

Edit the scheduled Loan Payment series details. Add one more line that is
Principal Transfer (it'll fill in the loan) in the amount of your extra
principal.

"BEF" <BEF[at]discussions.microsoft.com> wrote in message
news:8C884579-6A9A-47CB-9CA7-8F2AB625F0CF[at]microsoft.com...
- quote -

> Using Money 2006. I want to increase my prinicpal payment by a fixed
amount
> every month and have it applied to principal. Can't make it work thru the
> Change Loan Details wizard. Any help out there?
> Thanks.



  #-1  
Old 12-01-2005, 07:16 PM
BEF
Guest
 
Posts: n/a
Default adding principal to loan payment

Using Money 2006. I want to increase my prinicpal payment by a fixed amount
every month and have it applied to principal. Can't make it work thru the
Change Loan Details wizard. Any help out there?
Thanks.
 

Tags
adding, loan, payment, principal
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