Quicken Community is moving to Single Sign On! Starting 1/22/21, you'll sign in to the community with your Quicken ID. For more information: http://bit.ly/CommunitySSO
Track escrow with principal and interest
When setting up a loan the principal and interest are calculated by Quicken. I want to edit the monthly payment to include an escrow amount as well. When I do that Quicken classifies the escrow payment as "Extra principal paid monthly". While the monthly payment total is correct, the loan amortization gets thrown off since Quicken thinks the loan is being paid off early, by 10 years in this case. Is there a way to P&I and escrow in one transaction without Quicken applying the escrow to principal?
This discussion has been closed.