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From: Lucinda Hudson


Hi

I am using PIAFpu software and have created a file for a potential investment property and the loan is P & I. I have also inputted all the details of my own home loan details. When I go to the the wealthbuilder view it shows the Investment Loan A balance under total loans as never reducing (like an IO).

I have tried resaving, recreating etc but it seems to do the same thing.

Any ideas what I am doing wrong?

Lucinda
 
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From: Webmaster (Somersoft)


Hi Lucinda,

You are not doing anything wrong! In fact, you have uncovered something that has slipped into the software with the introduction of the credit line feature and has survived the testing to date. The Wealth Builder (inadvertently) assumes that you are using either an interest only loan on the IPs or you are using a credit line, irrespective of the loan type in the main spreadsheet. This has now been rectified and will be released asap in the next maintenance release (7.0.12).
 
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