Tracking Debt

In Capitally, any asset can turn into a liability - its quantity has to go negative. You can either "Buy" assets by setting a negative quantity or "Sell" them first with a positive one.

How to track loans and mortgages

1. Create a Custom Asset, choose Loan or Mortgage for an asset type.

2. Create a regular Buy transaction when you've taken the loan.

   1. Quantity is negative - equal to the amount you borrowed

   2. Price is simply 1

3. Create a Sell transaction when you repay the debt

   1. Paid principal is your Quantity - again it has to be negative

   2. Paid interest can be your Fee , or you can log a separate Interest transaction with a negative value (because you're paying the bank not the other way round)

Importing Transactions

You can easily create an import template to add principal & interest payments in bulk from your broker or spreadsheet.

Exploring Your Portfolio

Use Accounts or Tags to group loans together with what they finance (eg. Real-estate + Mortgage, Stocks + Margin account).

The Market Value tab has an Owed chart and displays three relevant metrics:

• Owned - how much value you actually own (your assets)

• Owed - how much value you've borrowed (your liabilities)

• Debt Ratio - how deep you're in debt (as owed/owned)