{"id":6623,"date":"2017-11-10T23:04:26","date_gmt":"2017-11-10T23:04:26","guid":{"rendered":"https:\/\/margill.com\/?p=6623"},"modified":"2025-10-10T10:30:24","modified_gmt":"2025-10-10T14:30:24","slug":"borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back","status":"publish","type":"post","link":"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/","title":{"rendered":"A borrower missed a payment last month. This month he doubles up his payment to compensate. Doubling should get him back on track but I get a higher balance at the end of the loan? Help!"},"content":{"rendered":"

Question:\u00a0<\/strong>A borrower missed a payment last month. This month he doubles up his payment to compensate. Doubling should get him back on track but I get a higher balance at the end of the loan? Help!<\/p>\n

Answer:\u00a0<\/strong>Your borrower will be CLOSE to back on track but there was accrued interest for the month he missed so this is why you are not back to the same end balance (0.00).<\/p>\n

To get the exact payment that should have been paid to compensate, he will have to pay the outstanding interest. An easy way to get the exact payment is to highlight that payment line,\u00a0 right click and do this:<\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Question:\u00a0A borrower missed a payment last month. This month he doubles up his payment to compensate. Doubling should get him back on track but I get a higher balance at the end of the loan? Help! Answer:\u00a0Your borrower will be CLOSE to back on track but there was accrued interest for the month he missed […]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","footnotes":""},"categories":[405,193,404],"tags":[72],"class_list":["post-6623","post","type-post","status-publish","format-standard","hentry","category-margill-loan-manager-documentation","category-knowledge-base","category-margill-loan-manager","tag-compensatory-payment"],"yoast_head":"\r\nA borrower missed a payment last month. This month he doubles up his payment to compensate. Doubling should get him back on track but I get a higher balance at the end of the loan? Help! - Margill<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"A borrower missed a payment last month. This month he doubles up his payment to compensate. Doubling should get him back on track but I get a higher balance at the end of the loan? Help! - Margill\" \/>\r\n<meta property=\"og:description\" content=\"Question:\u00a0A borrower missed a payment last month. This month he doubles up his payment to compensate. Doubling should get him back on track but I get a higher balance at the end of the loan? Help! Answer:\u00a0Your borrower will be CLOSE to back on track but there was accrued interest for the month he missed […]\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Margill\" \/>\r\n<meta property=\"article:published_time\" content=\"2017-11-10T23:04:26+00:00\" \/>\r\n<meta property=\"article:modified_time\" content=\"2025-10-10T14:30:24+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/margill.com\/wp-content\/uploads\/2017\/11\/img_5a06306b238cb.png\" \/>\r\n\t<meta property=\"og:image:width\" content=\"644\" \/>\r\n\t<meta property=\"og:image:height\" content=\"245\" \/>\r\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\r\n<meta name=\"author\" content=\"Marc G\u00e9linas\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Marc G\u00e9linas\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/\"},\"author\":{\"name\":\"Marc G\u00e9linas\",\"@id\":\"https:\/\/margill.com\/en\/#\/schema\/person\/72f5aeeb0d0d040309ac495539c5fb81\"},\"headline\":\"A borrower missed a payment last month. This month he doubles up his payment to compensate. Doubling should get him back on track but I get a higher balance at the end of the loan? Help!\",\"datePublished\":\"2017-11-10T23:04:26+00:00\",\"dateModified\":\"2025-10-10T14:30:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/\"},\"wordCount\":145,\"image\":{\"@id\":\"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/margill.com\/wp-content\/uploads\/2017\/11\/img_5a06306b238cb.png\",\"keywords\":[\"compensatory payment\"],\"articleSection\":[\"Documentation\",\"Knowledge Base\",\"Margill Loan Manager\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/\",\"url\":\"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/\",\"name\":\"A borrower missed a payment last month. This month he doubles up his payment to compensate. Doubling should get him back on track but I get a higher balance at the end of the loan? Help! - Margill\",\"isPartOf\":{\"@id\":\"https:\/\/margill.com\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/margill.com\/wp-content\/uploads\/2017\/11\/img_5a06306b238cb.png\",\"datePublished\":\"2017-11-10T23:04:26+00:00\",\"dateModified\":\"2025-10-10T14:30:24+00:00\",\"author\":{\"@id\":\"https:\/\/margill.com\/en\/#\/schema\/person\/72f5aeeb0d0d040309ac495539c5fb81\"},\"breadcrumb\":{\"@id\":\"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/#primaryimage\",\"url\":\"https:\/\/margill.com\/wp-content\/uploads\/2017\/11\/img_5a06306b238cb.png\",\"contentUrl\":\"https:\/\/margill.com\/wp-content\/uploads\/2017\/11\/img_5a06306b238cb.png\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/margill.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A borrower missed a payment last month. This month he doubles up his payment to compensate. Doubling should get him back on track but I get a higher balance at the end of the loan? Help!\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/margill.com\/en\/#website\",\"url\":\"https:\/\/margill.com\/en\/\",\"name\":\"Margill\",\"description\":\"Loan Servicing Solutions \/ Interest Calculators\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/margill.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/margill.com\/en\/#\/schema\/person\/72f5aeeb0d0d040309ac495539c5fb81\",\"name\":\"Marc G\u00e9linas\"}]}<\/script>\r\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"A borrower missed a payment last month. This month he doubles up his payment to compensate. Doubling should get him back on track but I get a higher balance at the end of the loan? Help! - Margill","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/","og_locale":"en_US","og_type":"article","og_title":"A borrower missed a payment last month. This month he doubles up his payment to compensate. Doubling should get him back on track but I get a higher balance at the end of the loan? Help! - Margill","og_description":"Question:\u00a0A borrower missed a payment last month. This month he doubles up his payment to compensate. Doubling should get him back on track but I get a higher balance at the end of the loan? Help! Answer:\u00a0Your borrower will be CLOSE to back on track but there was accrued interest for the month he missed […]","og_url":"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/","og_site_name":"Margill","article_published_time":"2017-11-10T23:04:26+00:00","article_modified_time":"2025-10-10T14:30:24+00:00","og_image":[{"width":644,"height":245,"url":"https:\/\/margill.com\/wp-content\/uploads\/2017\/11\/img_5a06306b238cb.png","type":"image\/png"}],"author":"Marc G\u00e9linas","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Marc G\u00e9linas","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/#article","isPartOf":{"@id":"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/"},"author":{"name":"Marc G\u00e9linas","@id":"https:\/\/margill.com\/en\/#\/schema\/person\/72f5aeeb0d0d040309ac495539c5fb81"},"headline":"A borrower missed a payment last month. This month he doubles up his payment to compensate. Doubling should get him back on track but I get a higher balance at the end of the loan? Help!","datePublished":"2017-11-10T23:04:26+00:00","dateModified":"2025-10-10T14:30:24+00:00","mainEntityOfPage":{"@id":"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/"},"wordCount":145,"image":{"@id":"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/#primaryimage"},"thumbnailUrl":"https:\/\/margill.com\/wp-content\/uploads\/2017\/11\/img_5a06306b238cb.png","keywords":["compensatory payment"],"articleSection":["Documentation","Knowledge Base","Margill Loan Manager"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/","url":"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/","name":"A borrower missed a payment last month. This month he doubles up his payment to compensate. Doubling should get him back on track but I get a higher balance at the end of the loan? Help! - Margill","isPartOf":{"@id":"https:\/\/margill.com\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/#primaryimage"},"image":{"@id":"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/#primaryimage"},"thumbnailUrl":"https:\/\/margill.com\/wp-content\/uploads\/2017\/11\/img_5a06306b238cb.png","datePublished":"2017-11-10T23:04:26+00:00","dateModified":"2025-10-10T14:30:24+00:00","author":{"@id":"https:\/\/margill.com\/en\/#\/schema\/person\/72f5aeeb0d0d040309ac495539c5fb81"},"breadcrumb":{"@id":"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/#primaryimage","url":"https:\/\/margill.com\/wp-content\/uploads\/2017\/11\/img_5a06306b238cb.png","contentUrl":"https:\/\/margill.com\/wp-content\/uploads\/2017\/11\/img_5a06306b238cb.png"},{"@type":"BreadcrumbList","@id":"https:\/\/margill.com\/en\/borrower-missed-payment-last-month-month-doubles-payment-compensate-final-balance-loan-slightly-higher-number-doubling-next-payment-get-back\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/margill.com\/en\/"},{"@type":"ListItem","position":2,"name":"A borrower missed a payment last month. This month he doubles up his payment to compensate. Doubling should get him back on track but I get a higher balance at the end of the loan? Help!"}]},{"@type":"WebSite","@id":"https:\/\/margill.com\/en\/#website","url":"https:\/\/margill.com\/en\/","name":"Margill","description":"Loan Servicing Solutions \/ Interest Calculators","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/margill.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/margill.com\/en\/#\/schema\/person\/72f5aeeb0d0d040309ac495539c5fb81","name":"Marc G\u00e9linas"}]}},"_links":{"self":[{"href":"https:\/\/margill.com\/en\/wp-json\/wp\/v2\/posts\/6623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/margill.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/margill.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/margill.com\/en\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/margill.com\/en\/wp-json\/wp\/v2\/comments?post=6623"}],"version-history":[{"count":1,"href":"https:\/\/margill.com\/en\/wp-json\/wp\/v2\/posts\/6623\/revisions"}],"predecessor-version":[{"id":20571,"href":"https:\/\/margill.com\/en\/wp-json\/wp\/v2\/posts\/6623\/revisions\/20571"}],"wp:attachment":[{"href":"https:\/\/margill.com\/en\/wp-json\/wp\/v2\/media?parent=6623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/margill.com\/en\/wp-json\/wp\/v2\/categories?post=6623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/margill.com\/en\/wp-json\/wp\/v2\/tags?post=6623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}