Loan Amortization Excel Spreadsheet Template

Loan amortization schedule template.

Loan amortization excel spreadsheet template. Since then ive discovered the great boost in productivity that can come from not having to start from scratch and hopefully this page will help you get a head start. This excel amortization schedule template comes with loan repayment schedule tables for two types of home loans. We have created an amortization calculator template for openoffice and linked another microsoft excel amortization calculator spreadsheet. Step 1 launch microsoft excel and open a new spreadsheetstep 2 create labels in cells a1 down through a4 as follows.

Loan amortization table in excel. Use this accessible simple loan calculator to create an amortization table and payment schedule for any type of loan. Once youre in the template fill in information related to your loan. Loan amortization schedule create a loan summary and payment schedule based on the terms of the initial loan with this loan amortization schedule templatethis is an accessible template.

This page is a collection of various excel templates to manage debt and loans. Allows extra payments to be added monthly. It is compatible with almost all office suites therefore it is a perfect replacement for microsoft excel. Loan amount the amount borrowed or the value of the home after your down payment.

To name a few our selection includes various loan payment calculators credit card and debt reduction calculators payment schedules and loan amortization charts. Enter the appropriate loan terms in the cells with yellow cell backgrounds at the top of the sheet. Loan and debt templates. Our excel mortgage calculator spreadsheet offers the following features.

Loan amount interest rate months and paymentsstep 3 include the information pertaining to your loan in the cells b1 down through b3. The template accommodates variable monthly interest rates which can be entered in column k. Shows total interest paid a month by month amortization schedule. On top of it you have a box to host the basic details of the loan.

To use a loan template in excel open the program and if loan amortization is not an option type those words into the search box. All the other cells on this sheet contain formulas which are automatically updated based on the values that you have entered. Loan term in years most fixed rate home loans across the. The calculator updates results automatically when you change any input.

Openoffice is a free and open source office suit software. Just enter the loan amount interest rate loan period and start date and monthly principal and interest payments will be calculated for you through the final loan payment. Interest rate the loans stated apr. Believe it or not a loan amortization spreadsheet was the very first excel template i downloaded from the internet.