Add your first note

A note is the promissory note you hold — the loan a buyer is paying you back on. Adding it here sets up the amortisation schedule, so payments you record afterwards are split correctly between principal and interest.

What you will need

• The original principal — the amount financed at closing.
• The annual interest rate, exactly as written on the note.
• The term in months, and the date the first payment was due.
• The property address.
• The borrower name and email, if you want to invite them to the borrower portal.

Walking through the wizard

1. 1Open Notes in the sidebar, then choose Add note.
2. 2Enter the loan terms. The monthly payment is calculated as you type — check it against the payment written on your note.
3. 3Enter the property address.
4. 4Enter the borrower details. You can invite them now or later; nothing about the note depends on them accepting.
5. 5If the loan is already part-way through its life, enter the current balance and next due date so the schedule picks up where reality is.
6. 6Review and create.