How does one enter a 5 year ARM in Quicken Mac.
Qcustomer80 Member ✭
edited May 2022 in Registers & Transactions (Mac)
How does one enter a 5 year ARM in Quicken Mac. I've selected various terms. Via add new account->loans->Mortgage, then add what I believe to be correct terms, however the payment amount isn't adjustable.
Quicken Mac doesn't have any specific features for an ARM. When the rate changes each year after the first 5, you'll have to edit the loan terms for the new rate.Quicken Mac Subscription • Quicken user since 19930
I'll add that QWin doesn't have any ARM specific features either ... and @jacobs' suggestion for QMac is also the way to handle this in QWin.
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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