FAQ: Where do I Enter my Car Loan Payment?

Vehicle loans should be set up as debts in the Discovery > Debt section. This helps the platform understand when these debts will be paid off the in the future and when this cash flow can start to be used for other purposes.

In the Discovery > Expenses section we want to capture those payments again to ensure it shows up in your current cash flow diagram. For the vehicle payment there should be a field in Savings/Debt Payments (it’s the 4th “card” down the column). You should have a field there for “Vehicle Loan” (if not then go to your Profile and click the Vehicle Loan button to add that field).

In Discovery > Expenses > Transportation the field called “Vehicle Payment/Replacement” should only be used for lease payments and/or when you’re setting aside cash for a future vehicle upgrade.