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Quicken turns 144 months into 10 years ??

I put in 144 months in my loan for my loan, and Quicken calculates 10 years with a giant balloon payment at the end of 10 years. (I have tried multiple times/saves - still get the same results.) 144 months = 12 years. It is frustrating to see this error. Why can't Quicken calculate a 12 year loan?

Answers

  • SherlockSherlock SuperUser ✭✭✭✭✭
    For what it's worth, I'm not able to reproduce the issue.  If I create a manual loan with original length of 144 months, the loan generated is for 12 years as expected.
    Quicken user since 1997
    Premier on Windows 10
  • volvogirlvolvogirl SuperUser ✭✭✭✭
    Maybe a screen shot could help us figure it out.
  • AggrivatedAggrivated Member ✭✭
    I could not reproduce it either. I got tired of wasting my time with something that clearly wasn't working and created a new account. The second one was ok. But that was frustrating and a waste of an hour.
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