Mint.com should track my Mortgage payments

[Hadees]

I was looking at my net worth and noticed it put my house in there at its full value. That would be all well and good except I have a mortgage so that isn't how much I own.

I think a really cool feature for mint.com would be to track my mortgage payments. It doesn't even have to detect them automatically. I could tag it or something. Then mint could take in the loan amount, down payment, the interest rate, and any PMI i have to pay and figure out every month how much more of my home I own and that can be added to my net worth. Additionally it would be neat if it could tell me when I reach 20% ownership and suggest I get PMI removed.

[NJank]

you can link your mortgage account. The house is just that: the value of the house, which is an asset. That is separate from your debt tied to the house, which is your mortgage. If you link your mortgage (as a financial account, just type in the name of the bank you send your payments too and see if it comes up) then your net worth will show your current assessed home value minus the mortgage amount, with the rest being your equity. Your linked mortgage account will update as you make payments, and your equity will go up accordingly.

[rnold]

Here's some other free software that does mortgage tracking automatically: http://www.equityvista.com

Perhaps you can give that a try.