Bulk Edit Payment Type

Find this window from the main menu – Tools > Bulk Edit Payment Type. Select a loan in the main window, then select the payments to change on the Payments tab first.

This tool changes the payment type on every selected payment in one step, instead of opening each payment's Payment window individually. It's most useful when a run of payments arrived with the wrong type—for example, payments brought in by an import that should have been interest only, or early payments that belong as prepaid interest.

Select the payments on the loan's Payments tab the same way you select loans in the main window: click the first payment, then Ctrl+click to add individual payments or Shift+click to select a block. Ctrl+A selects every payment on the loan.

Change ... selected payment(s) to – the list shows the same payment types offered by the Payment window: Regular Payment, Interest Only, Principal Only, Escrow Only, Final Payment, and Prepaid Interest and Fees. Choose the type all of the selected payments will become.

Click Change Payment Types and, after a confirmation showing how many payments will change and the type they'll receive, every selected payment is updated and the loan recalculates from the earliest changed payment forward. A completion message reports how many payments and loans were updated.

The change reapplies each payment under its new type—how the money splits between principal, interest, fees, and escrow can shift accordingly, so review the loan's transactions afterward if the balances look different than you expected.