Loan Issues
Heather118
Member ✭✭
I'm trying to add a new loan and entering my loan details per my contract, however, my monthly payment in Quicken does not reflect what my monthly payment is per my loan agreement. When I try to adjust the payment amount, it adds the extra amount as an extra principle payment. Why can I not get the information I enter to match?
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Best Answer
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Using both Excel & Quicken, I'm getting a result of $215.35You probably need to ask your bank if there are any fees, or other payments, in their calculated value.Q user since DOS version 5
Now running Quicken Windows Subscription, Home & Business
Retired "Certified Information Systems Auditor" & Bank Audit VP0
Answers
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You need to tell us the info about the loan, so that we can run the calculations ourselves.Also, what Q product are you running and what BUILD of that product? Do HELP, About Quicken for this info.Q user since DOS version 5
Now running Quicken Windows Subscription, Home & Business
Retired "Certified Information Systems Auditor" & Bank Audit VP0 -
Quicken Home, Business & Rental Property. 20202, version R30.14 Build 27.1.30.14
3.75% interest, 30 years origination amount $46,500. Payment amount $228.000 -
Using both Excel & Quicken, I'm getting a result of $215.35You probably need to ask your bank if there are any fees, or other payments, in their calculated value.Q user since DOS version 5
Now running Quicken Windows Subscription, Home & Business
Retired "Certified Information Systems Auditor" & Bank Audit VP0
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