Personal Loans

Submitted by chambers on Fri, 06/24/2016 - 14:05

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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?

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bwright

Fri, 06/24/2016 - 20:49

I'd model them as Special

I'd model them as Special Expenses which are more flexible.

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chambers

Sat, 06/25/2016 - 07:25

So what goes in the Loan

So what goes in the Loan Payments line item in Current Saving?

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dan royer's picture

dan royer

Fri, 07/01/2016 - 18:50

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.

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