Extra principal payments on a loan

Question

How do I make an extra principal payment for a loan without the reminder changing? Quicken Deluxe for MAC 6.9.0. Mac OS 10.15.7

Jon · Accepted Answer

If you want to add some extra money to your next regularly scheduled payment without changing the scheduled transaction, the easiest way is to go ahead & mark your upcoming payment as paid. Then you can make whatever changes you want without it affecting any future scheduled payments, because at that point it's a stand-alone transaction.

If you want to make an extra principal payment separately from your normal loan payment, just enter the payment as a transfer from your checking account to your loan account.

But doing either of these things should change the principal/interest split of future payments, so either way you do it your scheduled payments aren't going to be totally unaffected.