tag:infinitekind.tenderapp.com,2009-01-14:/discussions/switching-from-another-personal-finance-program/22294-loan-splitsInfinite Kind: Discussion 2023-03-12T14:21:38Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/577032422023-02-03T19:30:26Z2023-02-03T19:30:26ZLoan Splits<div><p>Still hoping for some guidance on this one. One of the last migration issues remaining!!!!!!</p></div>netr@certag:infinitekind.tenderapp.com,2009-01-14:Comment/577032422023-02-03T20:53:46Z2023-02-03T20:53:46ZLoan Splits<div><p>just a user - loans are useful, and you make a calculation which determine principal and interest paid each month, then you can add an escrow category. So you basically end up with 3 possible splits (principal, interest, escrow). You could dump everything into escrow, then split that up, as you state.</p>
<p>Personally, I'd have kept the liability account, as you can make as many splits as you want. Of course, then you'd have to manually determine how much goes into each category manually, or from another mortgage calculator, so that might be an issue.</p>
<p>Hope that helps - it's basically what you know already, I'd think.</p></div>dtdtag:infinitekind.tenderapp.com,2009-01-14:Comment/577032422023-02-06T03:51:28Z2023-02-06T03:51:29ZLoan Splits<div><p>Actually its the reverse. I'm looking to split the initial loan proceeds.<br>
The principal, interest, escrow are easy as they come out of the checking account into the loan.</p></div>netr@certag:infinitekind.tenderapp.com,2009-01-14:Comment/577032422023-02-06T04:16:59Z2023-02-06T04:16:59ZLoan Splits<div><p>You set up the loan, and set the account for the proceeds to go to.</p>
<p>You then go to the account the proceeds went to, edit the transaction and enter the splits in, After you have entered the split(s) the portion left over will be in this account.</p></div>dwg