In a world where financial rules prevail, financial liquidity has a significant effect on our daily lives. To develop or to get better is actually based on the investments we made through our vision.
One way to get into this path is by using the Financial Markets (mostly commercial banks) to get financial liquidity and use that efficiently. Loan Amortization Calculator Excel Template is a tool to identify the repayment schedule plan of the money you borrow for a mortgage.
Loan Amortization Calculator Features:
It is a tool where you can input the amount of money, interest rate, payment frequency, balloon payment, and loan term according to your situation. After you type in the inputs, you may see the Loan Amortization schedule which is created.
You can select your payment frequency from the drop-down contains Monthly, Quarterly, Semi-Annually, Annually options.
The input parts have been clarified with white cells. So the gray areas indicates the results. Just put your financial data and find let the template help you to find the best option which will suit you.
Once the schedule is created it is easy to observe your payments (principal and interest) and your outstanding Loan Balance. Besides that, if the loan amortization schedule does not match your needs you may check other scenarios. In that way you will be able to see if they are attractive or not.
That is how some risks (except systematic risks) can be avoided by forecasting the future in matters of payment plan.
Monthly, Quarterly, Semi-Annually, Annually payment options
Loan Amortization Schedule with balloon payment
Easy to fill
Full Print Ready
Informational notes included
No installation needed. Ready to use.
Works both on Mac and Windows
Compatible with Excel 2007 and later versions