CI Market Dashboard

We have put together a collection of market indicators and track them to help you gauge the direction of the market.


CI Analysis Worksheets

Interactive analysis templates covering DuPont analysis (return on equity), valuing stocks the Warren Buffett way, and more to come.


CI Blog Feed

A New Way to Invest; Motif Investing
posted 1 day ago by Jaclyn McClellan

Unlimited Cloud Storage for Office 365 Subscribers
posted 4 days ago by Jaclyn McClellan

MeGooDo LED Mini Projector Review
posted 4 days ago by Hareesh Jayanthi

Bullish & Bearish Sentiment Hit 8-Week Extremes
posted 8 days ago by Wayne Thorp

CI Market Dashboard Continues in All-Time Bearish Territory
posted 10 days ago by Wayne Thorp



Computerized Investing > April 20, 2013

Loan Amortization Schedule for Excel

PRINT | | | | Add your comment! | A A   Reset

by CI Staff

The Loan Amortization Schedule worksheet for Excel is a tool used for loan calculations. The worksheet is formatted with built-in formulas, so all you have to do is put in your loan information. It can complete an amortization schedule for any type of loan. After you input your loan information, the spreadsheet calculates your monthly payment. A summary is provided about your information, including the rate, number of payments, total payments and estimated interest savings. Below the loan information and summary is the amortization schedule, which is displayed clearly for the user.

Certain cells in the sheet show red flags; if you hover over these cells, you will get an explanation of what each cell represents. For example, if you hover your mouse over the Additional Payments cell, an explanation of its function will pop up. A second spreadsheet, titled Payment, provides an alternative way to record payments. Users would use this sheet if they are going to pay more than the required monthly payment. Any amount above the payment due is used to pay off the principal, and the Payment worksheet reflects this. Although you can not load two or more sets of data on one sheet, it is a helpful worksheet for those trying to keep track of their amortization.

Amortization Schedule for Excel

http://www.aaii.com/download-library/download?DL_ID=755

System Requirements: Windows Vista, Windows XP, Microsoft Excel 2003 or later

Size: 109.17K


Discussion

No comments have been added yet. Add your thoughts to the discussion!

You need to log in as a registered AAII user before commenting.
Create an account

Log In