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    • How does one enter a 5 year ARM in Quicken Mac.

    Quicken Mac Subscription Member
    edited May 2022 in Registers & Transactions (Mac)
    How does one enter a 5 year ARM in Quicken Mac. I've selected various terms. Via add new account->loans->Mortgage, then add what I believe to be correct terms, however the payment amount isn't adjustable.

    Answers

    • Quicken Mac Subscription SuperUser, Mac Beta Beta
      Quicken Mac doesn't have any specific features for an ARM. When the rate changes each year after the first 5, you'll have to edit the loan terms for the new rate.
      Quicken Mac Subscription • Quicken user since 1993
    • Quicken Windows Subscription SuperUser ✭✭✭✭✭
      I'll add that QWin doesn't have any ARM specific features either ... and @jacobs' suggestion for QMac is also the way to handle this in QWin.

      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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