Before you start
Use the latest lender statement or facility schedule. Debt records should show current balance and terms, not only the original amount borrowed.
Detailed steps
Open the liability details
Start from the screen named in the step and confirm the portfolio in the top bar before you change anything. If the wrong portfolio is selected, switch portfolios first.
Edit rate type, interest rate, payment amount, maturity and lender context
Use this step to turn loose information into a clear portfolio record. If you are missing an input, note the gap instead of guessing.
Save with a source note if terms changed
Save only when the record reflects the source. After saving, the change can affect Net Worth, Capital Review, Forecast, exports and shared views.
Review Forecast and Capital Review after saving
Compare the screen against your source before relying on the result. Check name, value, currency, date, ownership, liquidity and whether private data should stay hidden.
Field guide
The amount currently owed.
Do not use credit limit or original principal.How interest can change.
Variable and tracker debt needs closer review.Regular cash outflow.
Use real payment frequency and amount.Asset financed or secured by the debt.
Link only when the relationship is real.Decision rules
What it adds
- Makes debt-service projections more realistic.
- Keeps refinancing, maturity and rate-risk review current.
What it does not do
- Debt terms are only as reliable as the latest statement or contract.
- The app does not calculate every legal repayment condition.
Common mistakes
What to check
- Variable-rate debt needs closer review than fixed debt.
- Payment frequency matters as much as payment amount.
Entering a clean-looking value without recording where it came from.
Ignoring currency, ownership percentage or valuation date because the total appears reasonable.
Using ordinary notes for private access information.
Assuming Edit Debt Terms produces advice, verification or execution beyond the workflow described here.
After you save
- Return to Net Worth and confirm totals changed as expected.
- Open Capital Review to see whether the record created, resolved or changed any review item.
- Check whether the record should affect Forecast, Investment Plan, exports or share links.
- Revisit this intermediate guide when source evidence changes.