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Loans and mortgages

This section is where you create and manage your loans (mortgage, home improvement loan and so on) and their repayment schedules.

You can do the following:

  • Create a loan (or import a schedule from our template),
  • Delete a loan.

To create a loan, you can either work directly from the “Finance” section or import the data.

You can filter the records on criteria such as the landlord, the property or the loan.

You can also export your records with the “Export” action at the bottom of the table.

More from Rentila

Create, edit or delete a loan

To add a loan, either import a repayment schedule from the “Loans / Mortgages” section using our templates, or create a recurring expense of the “Loan / Mortgage” type with the automatic schedule calculation. This article also explains how to edit, stop or delete a loan, record a renegotiation, and how insurance and interest are deducted.

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Depreciation

Some expenses are depreciable charges that can be deducted from tax. Depreciation is the loss of value of an asset over a given period, and each year you can deduct the amount of that loss. This article explains how to record depreciation from the “Finance” section, the straight-line method Rentila uses, and typical useful lives with a worked example.

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