October 30, 2024 - Release Notes - Adjusting Debt Interest Rates

You can now adjust the Interest Rate applied to each Debt in your projection starting in any future year on the Planning page.

After entering the current Debt information on the Scenario Setup -> Debts page, you can then access the Planning page to adjust the value as needed in future years. By default, a Rate change will take effect for all future years from that point. You can change the Rate multiple times throughout the projection if needed.

In addition to adjusting the Rate, you can also adjust the Paid value if the client will change their payments to maintain a target amortization period.

If the Debt is Joint, you'll need to adjust the Paid value for each individual separately on their Planning pages.