# How to categorize proceeds from a refinance

**URL:** <https://community.stessa.com/t/how-to-categorize-proceeds-from-a-refinance/197>\
**Category:** Setup & Support\
**Created:** [November 3, 2019, 11:56pm UTC](https://community.stessa.com/t/how-to-categorize-proceeds-from-a-refinance/197 "2019-11-03T23:56:03Z")\
**Posts on this page:** 1\
**Showing post:** 8

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**Author:** ![devin](https://yyz2.discourse-cdn.com/flex032/user_avatar/community.stessa.com/devin/32/8_2.png) [@devin](https://community.stessa.com/u/devin)\
**Post date:** [February 12, 2020, 1:01am UTC](https://community.stessa.com/t/how-to-categorize-proceeds-from-a-refinance/197/8 "2020-02-12T01:01:37Z")

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@muswei We would recommend something like the following:

- $50K (before fees) net cash out amount to “Mortgages & Loans \> Mortgage Principal” as “Money In”
- $5K loan fees to “Capital Expenses \> Loan Costs” as “Money Out”
- Clear old mortgage and set up new mortgage for $150K as discussed in earlier reply above

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