Improve handling of mortgage transactions
in progress
Aidan Scott
Currently if a user has their mortgage account connected to SortMe, they may be getting double ups in their expense categories.
For example let's say you pay $2000 from your transaction account to your mortgage. This $2000 might get categorised as "Housing" related costs.
But then if you've also connected your mortgage account to SortMe, then you might see the interest charge categorised as "Interest". Now you've got $2k in housing expenses and let's say $1k in interest expense, making it seem like you spent $3k when you only spent $2k.
Aidan Scott
in progress
Aidan Scott
under review
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Prudence Miller
I'd also like to be able to add a feature where I can denote a proportion of a debt or asset as belonging to me when it is drawn directly from an account balance. For example, in the scenario where a mortgage is shared between myself and another person, but I am only budgeting for myself, I can only manually input the balance of the correct debt, or set up the mortgage balance in full only.
Aidan Scott
Prudence Miller: That's a really good point! Are we thinking of this applying to both situations:
- Net worth (i.e: only x% of that mortgage should be counted not the entire thing)
- Spend categorisation/budgeting - only x% of the repayment amounts should be used?
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Prudence Miller
Aidan Scott absolutely, I can see both scenarios happening.