Brokerage Transfer to Credit
Record this when you move cash from your brokerage account to pay down your credit account.
What you enter
| Field | Required | Description |
|---|---|---|
| Amount | Yes | Total amount transferred |
| Brokerage withdrawal date | Yes | When funds left your brokerage |
| Credit deposit date | Yes | When funds were applied to your credit account |
| Borrowed amount | No | How much comes from borrowed brokerage cash. Default: max(0, amount - personal cash) |
| Borrowed interest amount | Conditional | If outstanding interest exists: how much of the interest payment is funded from the borrowed portion. Shown only when outstanding interest > 0 |
What happens
Brokerage side (at brokerage withdrawal date):
- Borrowed cash decreases by the borrowed portion you specified
- Personal cash decreases by the personal portion
Credit side (at credit deposit date): Once cash arrives at the credit account, it is applied as regular incoming cash — the borrowed/personal source doesn't matter:
- Outstanding interest is paid first — split proportionally between eligible and non-eligible. This is when eligible interest becomes tax-deductible.
- Remaining amount reduces principal — split proportionally between deductible and non-deductible. Within deductible, the reduction is further split between invested principal and capitalized deductible interest.
The borrowed/personal split you chose only affects the brokerage side — which cash bucket decreases. On the credit side, it's all treated the same way.
When deductible principal is reduced, the borrowed cost of your holdings decreases proportionally. When non-deductible principal is reduced, borrowed cash in your brokerage reclassifies to personal by the same amount.
Common questions
How is this different from a Credit Payment? A Credit Payment uses external funds. This event uses cash already in your brokerage — so it affects both brokerage and credit balances.
Learn more
- Mixed HELOC use — proportional repayment rules
- How interest is time-weighted — how payments affect future interest splits