Home Loan:Mortgage periodic balance WAY OFF
I have a mortgage with Chase Bank. On dates that do not have transactions (only transaction date is 3 of month) balance looks fine. But on days the mortgage has a payment (~$2100), the balance goes from -$50K to +$78K, and then corrects the next day. TBH, it's more of a visual problem (affecting net worth charts, etc) but a $125K swing really screws up the scaling of a chart. Why is this happening?
I also noticed it does it on my vehicle loan on (different bank) on it's payment date, but it actually happened on it on a non-payment date as well.
Obviously Quicken is retaining the balances somewhere. Is there any way to see these to correct? The only way to blame Chase and AAA bank is to see the data that Quicken is using.
Comments
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Hello @mnox,
Thanks for reaching out! I am not sure why your balance would be skewed like that. Can you let us know if the account is a manual account or connected in Quicken Simplifi?
Can you let us know if this is a connected account in Quicken Simplifi or a manual account and if the balance is currently incorrect? If it is, I would try importing your account balance history to see if that corrects the issue.
Thank you, and let us know!
-Coach Jon
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They are both connected accounts in Quicken Simplifi, and their balances are currently correct.
I can import the balance history, but that kinda defeats the reason for connecting the account. Is there a way to export the balance history, make the correction, and then reimport it?
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this sounds like it might be related to another bug reported here:
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Rob Wilkens0
