Q2007 / Loans / Establish Payment Schedule...

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.)