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Old 11-26-2006, 11:59 PM
Jesse Lai
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Default Re: Debt Reduction Planner bug creates unrealistic payment in firstmonth

Well, I should have read a bit first, but I think it is "fixed" now.
The problem was with the mortgage payment as someone else had mentioned
in this thread.

I went into the DRP, changed the date of the mortgage payment to the
next month, clicked yes. Then I went in and changed the date back one
month. The payments look pretty much right now. At least there isn't a
$20k payment anymore!

Jesse

Jesse Lai wrote:
- quote -

> I've had this bug for about 3 or 4 versions now and it is really
> annoying because I can't use the debt reduction planner for any amounts
> other than zero.
> The problem is on the page where you can define the payment plan by an
> amount that you want to pay every month. If I enter zero here, then go
> to the next page and view the plan, then it correctly shows the minimum
> monthly payments for each account.
> If I then enter some value more than the minimum payment, then go to the
> next screen, the first month shows a very large payment, typically
> around $20k - $25k, then the remaining months show the amount I entered.
> But the payoff date is incorrect now among other things.
> If I creep in on the minimum payment when entering the amount, the first
> month payment increases exponentially. Has anyone seen this or is there
> a way to fix it? Maybe Microsoft can provide some assistance.
> Jesse

  #-1  
Old 11-26-2006, 11:50 PM
Jesse Lai
Guest
 
Posts: n/a
Default Debt Reduction Planner bug creates unrealistic payment in first month

I've had this bug for about 3 or 4 versions now and it is really
annoying because I can't use the debt reduction planner for any amounts
other than zero.

The problem is on the page where you can define the payment plan by an
amount that you want to pay every month. If I enter zero here, then go
to the next page and view the plan, then it correctly shows the minimum
monthly payments for each account.

If I then enter some value more than the minimum payment, then go to the
next screen, the first month shows a very large payment, typically
around $20k - $25k, then the remaining months show the amount I entered.
But the payoff date is incorrect now among other things.

If I creep in on the minimum payment when entering the amount, the first
month payment increases exponentially. Has anyone seen this or is there
a way to fix it? Maybe Microsoft can provide some assistance.

Jesse
 

Tags
bug, creates, debt, month, payment, planner, reduction, unrealistic
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