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Quicken Classic for Mac
Paying Bills, eBills & Scheduled Transactions (Mac)
Loan payments
MFP
Upgraded from Quicken 2007 for Mac to Deluxe 2019 for Mac and am having trouble figuring out how to make loan payments.
With 2007 you set up the loan and a payment, when you make a payment in the checking account the split is automatically populated with the correct interest, principal and escrow amounts for the given month. The loan is updated with the number of payments and remaining principal balance.
I cannot figure out how to set that up with Quicken Deluxe 2019 for Mac. Can it be done? The loan shows the information but it seems like there is no way to tie a payment through the checking account to the loan.
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Accepted answers
J_Mike
@MFP
I am assuming that you have entered all of the loan details.
Open the loan account register.
At upper-left of display - below account name, select
Edit Loan And Payment Terms
.
At the top of the popup dialog, select the
Bill Reminder
tab.
This dialog permits setting the payment account and the type of payment reminder desired.
All comments
J_Mike
@MFP
I am assuming that you have entered all of the loan details.
Open the loan account register.
At upper-left of display - below account name, select
Edit Loan And Payment Terms
.
At the top of the popup dialog, select the
Bill Reminder
tab.
This dialog permits setting the payment account and the type of payment reminder desired.
MFP
J_Mike,
Thank you
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