Go Back   CDN Business Directory > Main Category > Microsoft Money

 
 
Thread Tools Display Modes
  #1  
Old 01-30-2008, 08:20 PM
FiscusTJ@gmail.com
Guest
 
Posts: n/a
Default Re: Entry of Interest Only Mortgage into Money 2007

On Jan 28, 12:09*pm, Cal Learner-- MVP <via_newsgr...[at]please.tnxwrote:
- quote -

> In microsoft.public.money, Fiscu...[at]gmail.com wrote:
> > I need help creating an account in Money 2007 for my interest only
> > mortgage. *Money automatically calculates a principle and interest
> > entry for me that is inaccurate, because the principle balance does
> > not change unless I make an additional payment, which I do some
> > times. *Does anyone know how to do this? *Thanks

> Set the balloon payment equal to the principle.
> If you know the payment amount, choose the interest rate as the item
> to leave blank.


Thanks. I'll try it. Cheers
 
Old 01-28-2008, 07:09 PM
Cal Learner-- MVP
Guest
 
Posts: n/a
Default Re: Entry of Interest Only Mortgage into Money 2007

In microsoft.public.money, FiscusTJ[at]gmail.com wrote:

- quote -

> I need help creating an account in Money 2007 for my interest only
> mortgage. Money automatically calculates a principle and interest
> entry for me that is inaccurate, because the principle balance does
> not change unless I make an additional payment, which I do some
> times. Does anyone know how to do this? Thanks


Set the balloon payment equal to the principle.

If you know the payment amount, choose the interest rate as the item
to leave blank.
  #-1  
Old 01-28-2008, 07:02 PM
FiscusTJ@gmail.com
Guest
 
Posts: n/a
Default Entry of Interest Only Mortgage into Money 2007

I need help creating an account in Money 2007 for my interest only
mortgage. Money automatically calculates a principle and interest
entry for me that is inaccurate, because the principle balance does
not change unless I make an additional payment, which I do some
times. Does anyone know how to do this? Thanks
 

Tags
2007, entry, interest, money, mortgage
Similar Threads
Thread Forum Replies Last Post
Money 2007 Registry Entry - At Startup and Shutdown
flatini: The following message is received everytime I start and stop Money 2007. I use McAfee Firewall, etc. The odd part is that McAfee doesn't let me...
Microsoft Money 2 04-15-2007 08:18 PM
Interest-only mortgage in 2006
Jeff.P: I'm having trouble setting up an interest-only mortgage in M2006. have followed the wizard and made the balloon amount the same as th mortgage...
Microsoft Money 3 09-27-2005 03:24 AM
Mortgage Account Automated Register Entry via Loan and/or Scheduled Bills
Kris S: I am trying to achieve the following: A. Make monthly entry in Mortgage account register and apply principle and interest with each automated...
Microsoft Money 1 03-01-2005 08:10 PM
interest only mortgage
Mychal: How do I set up Money 2004 to handle an interest only home mortgage? I have tried multple scenerios but still can not figure out how to get this...
Microsoft Money 4 08-25-2004 05:03 PM



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

All times are GMT. The time now is 12:29 AM.