Loan Calculator with Extra Payments
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- Language: English
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How to make a Loan Calculator with Extra Payments in Excel? An easy way to create your spreadsheet is by downloading this example Loan Calculator with Extra Payments Excel spreadsheet template now!
Enter your normal loan information in this calculator, then add any other additional payments.The caculator will display monthly amortization schedule with your results.
ANNUAL INTEREST RATE
The annual interest rate used to calculate your monthly payment. Please note that this is different than an Annual Percentage Rate (APR) which includes other expenses such as mortgage insurance, and the origination fee and or point(s), which were paid when the mortgage was first originated. The APR is normally higher than the simple interest rate.
Our Excel templates are grid-based files designed to organize information and perform calculations with scalable entries. Beginners and professionals from all over the world are now using spreadsheets to create tables, calculations, comparisons, overviews, etc for any personal or business need.
This Excel template is a great way to increase your productivity and performance. It gives you access to do remarkable new things with Excel, even if you only have a basic understanding of working with formula’s and spreadsheets. If time or quality is of the essence, this ready-made presentation can certainly help you out!
Download this Loan Calculator with Extra Payments Excel spreadsheet now!
DISCLAIMER
Nothing on this site shall be considered legal advice and no attorney-client relationship is established.
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