Set up Mortgage Loan with bank autopay- Quicken Classic Deluxe MAC (relase

DMCINAZ
DMCINAZ Quicken Mac Other Member
edited January 24 in Registers & Transactions (Mac)

How do I set up a new mortgage within Quicken when the payment is autopay from a separate bank checking account (BofA)? The bank account is linked to my bank for online updates. The monthly Mortgage payments include T&I. The Quicken Help instructions seem to assume that the mortgage is paid directly to the lending institution instead of through a banking autopay.

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Answers

  • Quicken Kristina
    Quicken Kristina Quicken Windows Subscription Moderator mod

    Hello @DMCINAZ,

    Thank you for reaching out with this question! To clarify, does the autopay you have set up send the payment directly to the lender? You mentioned that T & I are included in the payment. Is it correct to assume that is taxes and insurance, which are held in an escrow account by the lender?

    Are you adding the mortgage account as a manual account or a connected account? If you're adding it as a manual account, then you should be able to set it up by filling out the information in the setup wizard. Taxes and interest aren't included by default, but you can click the + sign to add them in the Add extra principal, insurance, tax, etc. section.

    Screenshot 2026-01-24 at 5.11.19 PM.png

    Once you've filled out the information as appropriate and click Continue, you will have the option to set up a reminder and designate the account the funds will be paid from.

    Screenshot 2026-01-24 at 5.11.51 PM.png

    I hope this helps!

    Quicken Kristina

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