Quickly and easily create loan amortization schedules in Excel.
Flexible and easy to use. No learning curve if you already use Excel.
Choose from six different loan types (all included):
– Fixed Rate Traditional
– Fixed Rate Balloon
– Fixed Rate Interest-Only
– Adjustable Rate Traditional
– Adjustable Rate Balloon
– Adjustable Rate Interest-Only
Amortization schedule that shows you the amount of each loan payment over time.
Loan summary provides key information about the number of payments required, loan payoff date and total interest paid over the life of the loan.
Intuitive graph shows the proportion of each payment that is applied to principal vs. interest during the term of the loan.
Loans may have up to 1,000 payment periods and the payment frequency is fully adjustable.
An extra unscheduled payment amount may be added to each payment period of the loan.
Full amortization schedule and chart showing the breakdown of principal and interest payments over time are both automatically created.
Works with Excel Online and Excel 2013 Desktop editions.