Notes on recording a house loan

Dale Alspach alspach@math.okstate.edu
Thu, 28 Feb 2002 09:42:58 -0600


Nice explanation. As a practical manner I find that it is easiest and
sufficiently accurate to take an average allocation for each of the items
that come out of the mortgage payment. I enter this once in January and just
duplicate it each month. At the end of the year or when the motgage company
recomputes the escrow I do a one time catchup adjustment to reconcile the actual
numbers against what I have entered.

Dale Alspach