Mortgage Payment in Cash Flow Budget

[Mike or Penny Novack]

Dave Potts wrote:

>Hi,
>
>I've set up my personal accounts including a liability account for my
>mortgage.  I get the point about mortgage payments not being an expense,
>but rather reducing a liability. 
>
Dave,
    Mortgage payments are a split. If JUST the mortgage involved then a 
split between reducing the liability and interest expense. If additional 
amounts such as payments into an escrow account for taxes and insurance 
even more complicated.

Michael