Personal Loans
What's the best way to show interest only personal loans such as margin loans?
Then if I project paydowns over, let's say a few years starting this year, are these payments shown as Special Expenses or loan payments as adjustments in Current Saving in Assets and Saving?
Comments
bwright
Fri, 06/24/2016 - 20:49
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I'd model them as Special
I'd model them as Special Expenses which are more flexible.
chambers
Sat, 06/25/2016 - 07:25
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So what goes in the Loan
So what goes in the Loan Payments line item in Current Saving?
dan royer
Fri, 07/01/2016 - 18:50
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You'd just calculate your
You'd just calculate your payments on the side and then indicate the loan repayment or paydown with a series of Special Expenditures as bwright said. I'd not enter the beginning balance or anything. Just calculate the loan payments and enter them as special expenses.