All Topics / Heads Up! / what is “Principal Payments”

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  • Profile photo of andrew8andrew8
    Participant
    @andrew8
    Join Date: 2002
    Post Count: 21
    May 23, 2005 - 11:50 am

    What is “Principal Payments” in the “Profitability” section?

    Suggest help include algorithms of calculated fields, e.g. “Principal Payments” and “Maintenance Costs” (which I deduced to be a percentage of 52 weeks of rent).

    How do I get rid of or reduce the space taken by the left-hand panel entitled “Tracking Down Your Property Profits”?

    Andrew

    Profile photo of Investment DetectiveInvestment Detective
    Member
    @investment-detective
    Join Date: 2004
    Post Count: 105
    May 23, 2005 - 1:02 pm

    Hi Andrew

    Principal payments is the amount repayed of the principal for the period. There is a bug, (fixed for the next release), that still shows an amount for principal payments on the budget page even if Interest Only is selected.

    You do not need to resize the left panel as doing so will not reveal any more information.

    Regards

    Philip Batey
    JATPAC Designs

    Author of Investment Detective

    Profile photo of burkeworldburkeworld
    Participant
    @burkeworld
    Join Date: 2005
    Post Count: 6
    August 16, 2005 - 5:39 am

    i thought you would ask about Principal payments for credit cards, that’s the only term i know [biggrin]

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