Automating home mortgage splits?

[David T.]

Dan,

Many will point you to the scheduled transactions and the Mortgage assistant. I always found that there was an inevitable difference between the amount that got calculated by GnuCash, and what the lender calculated for the specific amounts. Given that variation, I always felt it was easier simply to enter the transaction by hand. Since the Autofill feature will create the general splits, it is easy enough to change the amounts to match the lender statements.

Best,
David

> On Jun 27, 2017, at 8:44 PM, Dan Rawson <drawson1 at earthlink.net> wrote:
> 
> Is it possible to automate the splits associated with a  home mortgage transaction?  I am downloading the checking account transactions as QFX from my bank, so from their point of view, it's a single check.  As an example:
> 
> 
> Check amount:  $3000
> 
> For payment X, we might have:
> 
> Principal:  $1700
> Interest:  $400
> Tax escrow:  $900
> 
> But for payment X+1, the P&I numbers obviously change, while the total and tax escrow amounts are un-changed.  Unfortunately, I can't download the split data from the mortgage holder.
> 
> Any ideas on how this might be automated?  Or should I just live with doing the manual entry once per month?
> 
> Thanks!
> 
> Dan
> 
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