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Adding extra principal payments to a Mortgage

Angie Rauscher -

Yes! The first option is to record the transaction as normal and then add an addition split that goes to the loan with the extra principal amount.  The second option is to edit the amount in the principal portion of the split mortgage amount.  In either case, MoneyDance should handle all the hard stuff, such as calculating your next payment correctly, adjusting the remaining number of payments, and anything else.

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