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Quicken Classic for Windows
Registers & Transactions (Windows)
Loan Amortization Schedule
Jmansdad
I just refinanced an auto loan and set it up in Quicken. Why is the amortization schedule displayed in such a small box that you can't see all the columns?
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NotACPA
Actually, the size of the schedule is immaterial ... because your Auto loan is, almost certainly, a "Daily Interest Loan" (where the interest due for the next period is dependent upon the # of days in the month AND when you paid this month's bill).
The Q amortization tool can only accurately calculate the amortization schedule for "Monthly Interest Loans" such as a traditional mortgage.
SO, even if you could see it ... it would be wrong.
Your best bet is just to let Q guess at the interest due, and then edit the payment when you get the next statement.
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NotACPA
Actually, the size of the schedule is immaterial ... because your Auto loan is, almost certainly, a "Daily Interest Loan" (where the interest due for the next period is dependent upon the # of days in the month AND when you paid this month's bill).
The Q amortization tool can only accurately calculate the amortization schedule for "Monthly Interest Loans" such as a traditional mortgage.
SO, even if you could see it ... it would be wrong.
Your best bet is just to let Q guess at the interest due, and then edit the payment when you get the next statement.
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