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    • How can I set up an Interest only mortgage payment?

    Quicken Windows Subscription Member ✭✭
    edited June 2024 in Registers & Transactions (Windows)

    Hi. I have a mortgage but the payment is only to interest. How can I set up interest only??? Thanks

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    Answers

    • Quicken Windows Subscription SuperUser ✭✭✭✭✭

      There's really nothing to setup, other than creating the mortgage account itself with the appropriate balance.

      Each month you simply record the Interest Expense into your banking account.

      Q user since February, 1990. DOS Version 4
      Now running Quicken Windows Subscription, Business & Personal
      Retired "Certified Information Systems Auditor" & Bank Audit VP

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