Is there auto method to reduce mortgage for extra principal payments?
DesertChick Member ✭✭
edited October 2022 in Paying Bills, Online Billers & Reminders (Windows)
I am currently paying extra principal payments towards a mortgage loan. I have Quicken transaction setup to reflect the extra principal. However whenever I record the monthly payment in Quicken, the mortgage is only reduced by the regular principal payment (i.e. not the extra payment). The only way I can find to correct the principal balance is to go in and manually adjust principal balance. Is there a way to have Quicken automatically reduce the extra principal?
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