C15 / Categories

Personal-loan compound-interest setup

Configure an illustrative 14 percent annual compound loan, then inspect tracked interest.

Find it: Categories > Edit or Add category

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Worked examples use sample data, not your account. Reference screenshots show the current app controls in a Windows preview; their example amounts may differ from this lesson. Android system prompts vary by device.

Step 1

Choose Debt and You owe

  1. Open the category editor
  2. Check name, icon and purpose
  3. Keep the same category when editing

Set up Personal loan as Debt with You owe selected.

Use your lender's actual agreement, not this film's illustrative rate.

Step 2

Select compound terms

  1. Select the agreed calculation and cadence
  2. Check principal and annual rate
  3. Use the actual tracking terms

This example explicitly selects Compound with an illustrative fourteen percent annual rate.

Check the actual principal, repayment target, cadence and tenure before saving.

Step 3

Read tracked loan interest

  1. Check the verified saved state
  2. Read the highlighted value
  3. Setup is separate from money movement

The verified service accrues the completed period under those configured terms.

The EMI planner is a separate estimate; posted ledger interest and lender-confirmed repayments are different things.

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Screenshot

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