Re: Mortgage amortization no longer working properly

On Thursday, February 16, 2023 at 6:00:27 PM UTC-6, Doug wrote:

> I discovered the issue you posted about today (2/11) 
> about everything going to one uncategorized line and 
> after upgrading to R47.15 it appears to be fixed 

> but now it's miscalculating the principal and adding the extra to Tax:Property 

I just installed R47.15 and tested this issue: I see no problem. 
The loan payment principal/interest splits are correct in the payment Reminder 
and they remain correct after the Reminder is manually Entered.
[NOTE: I only tested a loan with nothing but principal/interest - no escrow or other factors.]

The principal/interest split is not calculated at the time you enter the payment; 
that split is calculated for all payments for a given loan 
whenever the loan Payment Schedule is created/re-created.  

When you Enter a loan payment transaction, 
Quicken just looks up the principal/interest split that is already present in the loan Payment Schedule 
and puts that split in the loan payment transaction. 
If the loan Payment Schedule is incorrect, all your subsequent loan payment transaction splits will be incorrect.

You should check your Loan Payment Schedule to insure it is correct. 
If not, you should be able to get it recomputed by opening the Loan Terms dialog for the loan, 
correcting any discrepancies, and pressing OK.  BACKUP first.