[GNC] mortgage refinance

pyz01 at cox.net pyz01 at cox.net
Sun Mar 21 09:36:55 EDT 2021


Several ways to do this.   Here is the easiest way I know: 

Mortgage Loan (start loan B)           Increase - Loan Amount
Mortgage Loan (start loan B)            Decrease -Principal Amount remaining
from Loan A

Net result - New loan amount before first payment.  Now the two entries are
actually the net result of a split transaction entry that comes right from
the closing statement received from the mortgage company.  If you follow
that statement - you should be good to go. 

Hope that helps. 


-----Original Message-----
From: gnucash-user <gnucash-user-bounces+pyz01=cox.net at gnucash.org> On
Behalf Of Parker Graham
Sent: Sunday, March 21, 2021 6:25 AM
To: gnucash-user at gnucash.org
Subject: [GNC] mortgage refinance

Have mortgage set up in system but refinanced it and need help on how to
payoff existing loan and set up new loan

_______________________________________________
gnucash-user mailing list
gnucash-user at gnucash.org
To update your subscription preferences or to unsubscribe:
https://lists.gnucash.org/mailman/listinfo/gnucash-user
If you are using Nabble or Gmane, please see
https://wiki.gnucash.org/wiki/Mailing_Lists for more information.
-----
Please remember to CC this list on all your replies.
You can do this by using Reply-To-List or Reply-All.



More information about the gnucash-user mailing list