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How to do things in Money: Mortgages and stuff

Q) How do I record additional principal paid with my house payment?

A) Add an extra entry in the details of the Loan Payments and/or scheduled Loan Payments. This extra entry should be the amount of extra principal you want to pay. Use category Principal Transfer for this entry; the loan account for the payment will be the recipient of this transfer.

Please see this disclaimer if you are using Money 2005 or this comment if you are using Money 2006.

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How to do things in Money: Mortgages and stuff
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Last update: 10 December 2006

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