The Loan Calculator for Excel is the best way to see how a loan's terms will effect the borrower's payment obligations. The model is fully-customizable and accommodates loans with up to 500 payment periods. Simply enter the principal amount, interest rate, payment frequency and the length of the loan and a payment table is automatically generated. View upcoming payments and each payment's breakdown between principal and interest. An additional feature is the ability to make extra payments each period.
VERSION HISTORY
- Version 2.0 posted on 2007-06-03
Program Details
- Category: Home & Hobby > Personal Finance
- Publisher: The Spreadsheet Store
- License: Free Trial
- Price: $29.95
- Version: 2.0
- Platform: windows