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| In microsoft.public.money, Taz wrote: - quote - > I have a question about MS Money and student loans.
I just experimented with creating a loan. One of the questions asks> Right now my student loan is deferred until 2011. Is there a way to add > this loan into MS Money to have it calculate the interest that compounded > (and added to the loan) each month, but it not require the payments start > until Aug 2011 because of the deferment?... when the payments start. Then after creating the loan, you can view the amortization table to see if it matches your expectations. You might want to do your experiments with a copy of your file. In setting up a loan where you track the details, "balloon" would be a last big payment. Typically that would be zero. You leave one factor blank for Money to calculate. If after the five years you expect to refinance, you could leave the balloon blank to have money just calculate how much is due then. - quote - > I just want a way to be able to track everything so that I can see that my > "networth" is really less than what it currently shows because of this > student loan. Any assistance would be greately appreciated. Thanks. |
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| I have a question about MS Money and student loans. Right now my student loan is deferred until 2011. Is there a way to add this loan into MS Money to have it calculate the interest that compounded (and added to the loan) each month, but it not require the payments start until Aug 2011 because of the deferment?... I just want a way to be able to track everything so that I can see that my "networth" is really less than what it currently shows because of this student loan. Any assistance would be greately appreciated. Thanks. |
| Tags |
| loan, student |
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