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Quicken Classic for Windows
Business and Rental Property Tools (Windows)
I own a mortgage and want to suspend payment
edeanf
I am the mortgage holder for my child's home. They recently lost there jobs and I want to suspend mortgage payments for the next couple of months while they find new jobs. I intend for them to accumulate interest during this period. How do I do this in Quicken for Windows?
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Mark1104
please provide more detail on how you are recording the mortgage to date? do you have it set up in an asset account in Quicken? Do you apply the monthly payments (previously received) as part interest and part principle reduction? the level of detail you are putting into Quicken will guide my response.
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