This post has been closed and is not open for comments or answers.
Quicken Community Home Page

Quicken 2013 not showing Principal and Interest labels on the split of mortgage payment

Converted to Quicken 2013 from MS Money.  The mortgage account transferred fine, and the monthly payment is setup with Principal & Interest, plus the extra "escrow" amount split between Real Estate Taxes and Homeowner's Insurance.  The calculations are fine, the principal and interest adjust each month.  BUT... the actual Principal and Interest portions of the monthly payment do not have labels/descriptions noting what they are.  There's simply a blank line with their amount.  See picture attached.  There are 4 parts to the monthly payment, but the top two (which are the principal and interest) do not have labels, even though they are accounted for in the pie chart displayed.)   And there seems to be no way to edit these to add the labels/descriptions.

Topic was closed, so I am editing here with an update.  No luck with the first reply below.  I deleted the Bill reminder.  (Also, I have learned through trial-and-error not to edit the 'split' on the Bill Reminder that gets created for the Mortgage payment.  I understand that.)  I went to the Mortgage Payment details, and I did "Edit Terms" of the loan.  I entered the correct amount for ONLY the Principal + Interest amounts.  For now, I elected to LEAVE OFF the additional amounts for taxes and insurance.  Even when I simplify this way, Quicken STILL does not show me labels on the Principal and Interest portions, and they do not carry these labels in the register either.  So, I have to conclude that this has nothing to do with my extra amounts for taxes and insurance.  Quicken doesn't want to display the Principal and Interest labels even when those are the only parts of the monthly payment.   See 2nd picture attached.

    Have you, by any chance, tried to manually edit the scheduled bill reminder for this loan?
    With the new loan account features in Quicken, the reminder's split lines are hard-coded to certain usages (categories). Manually editing a reminder and rearranging split lines leads to certain disaster.
    Please try this after making sure that you have an up-to-date backup of your Quicken data file:
    Delete the loan's bill reminder. Now recreate it by going into the loan's Payment Details view. Click Edit Payment Details. Click Edit Loan Reminder.
    Set it up as usual and see if that resolves the issue.
    After creating the reminder please remember to not make manual changes, especially to the new hard-coded categories for interest and the split lines for principal, interest, escrow and additional principal.

      Similar questions other people found helpful: