Mortgage Prepayment / Loan Druid

Derek Atkins warlord at MIT.EDU
Sun May 21 23:01:36 EDT 2006


Adam Rosi-Kessel <adam at rosi-kessel.org> writes:

> I have a question similar to a recent thread about calculating with
> current account balance <http://shorl.com/babribodrogoje>. 
>
> I made *one* prepayment to my mortgage (accidentally, actually.) Is there
> any way to adjust my payments going forward without redoing the whole
> mortgage druid? If I did re-do the mortgage druid, would it even work?
> Would I start over from the day after my prepayment with the
> post-prepayment balance?

Unfortunately the SX system doesn't have a "current balance of account"
function, which is the real solution to this problem.  I'm not sure what
workaround to suggest for you.

-derek
-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
       warlord at MIT.EDU                        PGP key available


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