When you get to the analysis screen, hit the “Adjust Reinvestment Strategy” button. A matrix will pop up that allows you to assign either principal reduction payments, payments to savings, or payments to a secondary investment. You can do this for all loans including the current mortgage.
Articles in this section
- How to Create a Fee Template in the Advice Engine
- How to Create and Use a Product Template in the Advice Engine
- Entering Closing Costs (Lump Sum vs. Line-Item Fees)
- How to add a One-Time Principal Reduction Payment in MortgageCoach
- How is the Tax Benefit calculated?
- Which fees should be included in the APR?
- How can I delete a product?
- How do I key in a contribution or credit?
- How do I show a principal reduction payment on my current mortgage?
- How do I show a single MI Premium?
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