(above).Learn about the Loans & Debts place
Tip: For easier reading, click (above).
Use the Loans & Debts place to keep track of your current and future loans. The top half of this screen lists:
When you click an item in the top half of the screen, Money shows its details in the bottom half.
From here, you can add new loans, or edit or delete an existing loan.
How does Money calculate the current loan or debt balance?
Assuming you are paying on schedule for a given loan or other debt, Money uses the Account Register amount for this loan. If that's not available, Money uses the last date in the Account Register and the loan's payment schedule to figure the loan balance.
Should I enter loans borrowed by my partner or someone else?
Enter only your own loans and, if you and your partner share finances, his or her loans. Don't enter your kid's loans or loans for other family members. Otherwise, the forecasts of your finances will not be accurate.
How do I enter other loan fees?
For forecasting purposes, Money uses only the loan and interest. Other fees are ignored. If you want to include large loan fees in your long-term forecast, you'll need to enter them as expenses:
Play the Getting Started With the Lifetime Planner video.
How do I add a new loan in the Lifetime Planner?