Undebt.it and YNAB
I've got YNAB set up and I'm experimenting with Undebt.it. Here's my configuration, just want to make sure this is all making sense.
I have a number of student loans (mine and my wife's) on direct import from Navient. I have a personal loan that's manually tracked because YNAB doesn't talk to that institution.
When I make payments to either the student loans or the personal loans, I debit it from my bank account and cite the appropriate category, it's not a transfer. When Navient imports the payment, it records the P&I as one payment. I do a manual transaction for 'interest paid' at the end of the month so it actually matches my real balance. For my personal loan, I just record the principal reduction as a manual transaction.
Undebt.it is mapped to my YNAB accounts. My concern here is that they're basing their payoff calculations on P&I and so, already, my personal loan won't reflect that and my manual adjustments to my loan payments won't reflect that either.
Personally I just enter the transactions in Undebt.it manually for my loans. I have it linked to YNAB, but only have it looking at the credit cards (but not tracking them as debts since they get paid in full every month) so it can do the credit utilization calculations.
My Navient loan is handled basically the same way in YNAB, but I only reconcile it every few month to account for interest, and when I do I update Undebt.it at the same time so both are showing the correct current loan amount.
Also I'm doing (usually) 2 payments per month on the student loan - the autopay for the required payment, then a separate manual payment for any extra.