Lifetime planner and loan down payment


J

Jim

I use Lifetime planner to help plan for retirement. I have a anticipated loan
in there with an assumed 20% down rest at such and such a rate. The problem
is, I don't see Money accounting for the 20% down in my yearly outflow for
the year the loan is planned to start ( or any year for that matter). Why
isnt that 20% down considered in the outflow calculations?
 
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D

Dick Watson

I haven't tried the case you raise so can't give a precise answer but the
general answer is probably something along these lines: LP tries to provide a
gross model and does not attempt to model all facets of everything. As will
all such models in Money, you have to use it with care and validate the
results for your purposes and data.

Have you tried scheduling that down payment as a bill?
 

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