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Subject Author Date
Q2007 / Loans / Establish Payment Schedule... SCOTE 10-16-2006
Posted by SCOTE on October 16, 2006, 10:43 pm
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 Hello,

I'm having a problems with Q2006, which is unable to establish proper
payment schedule for a loans that have more that 1066 payment... for
example, 25 years and weekly payment (1300 payment). Can anyone have
do this or test it with Q2007? I like to know if Intuit resolve that
long term (since Q2002 at least) issue.

Thanks

Sylvain Cote


Posted by John Pollard on October 17, 2006, 8:46 am
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> I'm having a problems with Q2006, which is unable to establish
> proper
> payment schedule for a loans that have more that 1066
> payment... for
> example, 25 years and weekly payment (1300 payment). Can
> anyone have
> do this or test it with Q2007? I like to know if Intuit
> resolve that
> long term (since Q2002 at least) issue.

There was already a reply to this question (posed by you) in the
Quicken Forums: The answer is, yes, Q2007 can schedule weekly
payments for a 25 year loan.



Posted by SCOTE on October 17, 2006, 10:59 pm
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John Pollard wrote:
>
> > I'm having a problems with Q2006, which is unable to establish
> > proper
> > payment schedule for a loans that have more that 1066
> > payment... for
> > example, 25 years and weekly payment (1300 payment). Can
> > anyone have
> > do this or test it with Q2007? I like to know if Intuit
> > resolve that
> > long term (since Q2002 at least) issue.
>
> There was already a reply to this question (posed by you) in the
> Quicken Forums: The answer is, yes, Q2007 can schedule weekly
> payments for a 25 year loan.

I like to get a second opinion... the reply I have was from a user with
less than 2 month of experience with Quicken.


Posted by Bob Wang on October 18, 2006, 12:01 am
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>>>
I like to get a second opinion... the reply I have was from a user with
less than 2 month of experience with Quicken.
<<<

Q2007 H&B R2, $250,000 mortgage, 25 years of weekly payments with monthly
compounding at 5% = $336.72 / payment.

You can check the math, and you can check my profile on the forum to see if
that is enough experience for you.

BobWang

P.S. I'd trust John if I were you ;-)



Posted by John Pollard on October 18, 2006, 9:38 am
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> John Pollard wrote:
>>
>> > I'm having a problems with Q2006, which is unable to
>> > establish
>> > proper
>> > payment schedule for a loans that have more that 1066
>> > payment... for
>> > example, 25 years and weekly payment (1300 payment). Can
>> > anyone have
>> > do this or test it with Q2007? I like to know if Intuit
>> > resolve that
>> > long term (since Q2002 at least) issue.
>>
>> There was already a reply to this question (posed by you) in
>> the
>> Quicken Forums: The answer is, yes, Q2007 can schedule weekly
>> payments for a 25 year loan.
>
> I like to get a second opinion... the reply I have was from a
> user with
> less than 2 month of experience with Quicken.

Don't forget, there is a 60 day money back guarantee with
Quicken; you can make the final determination yourself with ease
at virtually no cost. (Though I might wait a bit longer before
getting Q2007 ... so you have 60 days following the final
release ... and maybe get those great year end deals on Quicken
that everyone talks about.)



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