In microsoft.public.money, jaroady wrote:

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I am not sure what you are asking, but based on the last sentence,
leave the interest rate blank.

Recommendation: don't specify the interest rate. Let Money figure it out
from principal amount and payment. If the rate is off by a little, it
probably doesn't matter much. You'll use the 1099 from the loan company to
deduct the interest regardless of what Money says. If it's off by a lot
there is probably something else going on that you or Money is not
recognizing. Frequently this is things like the effect of a delayed first
payment or fees rolled into the principal balance or something. You need the
numbers off the disclosure sheet, not what you were told or promised.

"jaroady" <jaroady[at]discussions.microsoft.com> wrote in message
newsDE834FB-3619-42C7-BF59-E52838327907[at]microsoft.com...
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What is the best/easiest way to setup a loan that tracks all my transactions.
I've tried a number of different approaches to have Money calculate a term
of my loan. However it doesn't seem to matter which term I leave blank, it
never comes up with a the correct value.