Richer support for tracking loans/mortgages
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K
Katriel Friedman
Without including accrued interest, the account balance currently shown for student loan accounts is misleading
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Elliot Mah
+1 for this request. Hard to track balances accurately without interest, taxes etc unless there is an account sync.
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Past User 21605
Seconding Rob's request, it would be very nice to be able to see the transactions on a line of credit as they are revolving accounts that can be transacted upon (for ex, having a bank card that can debit directly from a LOC.)
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Nate Whistler
It would be great to be able to input the current interest rate on credit cards so that you could sort but rate when budgeting.
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Luuk
This would be perfect is lunchmoney automatically calculates the increase in mortgage with the fixed interest rate.
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Flaviu Tamas
It'd be really nice if this supported tracking loan balance, assuming you make all the payments on time. It'd pretty much eliminate the need for plaid integrations for loan accounts, as their future value is completely predictable based on the starting conditions.
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Rob
If we could please include Line of Credit transactions as well (they tend to act as more of an account as opposed to a loan)
Michael Menanno
Would also be using to have an "estimated current value of property" if mortgages become rich, avoiding the need to counteract the net worth hit of a mortgage only being a liability.
Alternatively at least viewing the principal as an asset
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Flaviu Tamas
Michael Menanno: you can already do this!
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James
Flaviu Tamas: It would be great if this could be tracked automatically with a Zillow API or similar. Values don't change that fast so manually updating isn't too bad for now. Having the property value linked to the mortgage would also be nice because then you can do interesting things like calculate the home equity or refi savings.