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| | | Forum Newbie
Group: Forum Members
Last Login: 2/26/2008 1:43:08 PM
Posts: 2, Visits: 12 |
| After selecting Cusomize Payment Schedule I entered the # of payments and hypothetical amount of payments and when I press Calculate it reverts to the original payment amount. For example: if the loan is for $250,000 at 7% for 30 years the payments will be $1663.26. But let's say the borrower wants to pay $2000 per month for the first 3 years then $1700 for the next 2 years after that he'll pay the regular payment until fully amortized. After I input the # of months and payment amounts and press calculate it shows the regular payment, not the "custom amounts" that I previously entered!! Why is Point 5.4 doing this?? It used to work fine on all previous Point versions. Is anyone else having this problem? Is there a workaround? Is there a patch?
Thanks.
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