Interest Only Mortgage
My wife and I have bought a house for retirement. We are planning to move next year, and so we took out an interest only mortgage which we will pay off in full when we sell our current home. In Mortgages screen of the Real Estate folder, I have entered the balance on the loan, our monthly payment, and 2 years for the years remaining on the loan (as 1 or 2 years is the period we intend to have the mortgage). It doesn't appear to matter whether I enter 1 or 2, or a much higher number of years. When I click 'Add', ESPlanner objects, and tells me 'Your mortgage payments do not cover your balance'. We can't be the only ESPlanner users who have taken out an interest only mortgage, but I can't figure out how to deal with it in ESPlanner.