Thanks gjackson,
My situation is not a refi but instead a sale and a purchase. But interestingly it is essentially doing the same thing for me: It is using the balance of the later mortgage (in my case the new purchase) to calculate the portion of the interest that is deductible for *both* mortgages.
In my case that is *way* off, because the balance of the earlier mortgage is a small fraction of the balance of the later mortgage. But it seems likely the same underlying bug, as in both your case and mine it is using the later mortgage balance for the calculation.
The second option you mentioned, of overiding the value in the sheet. How do you do that in turbotax?
