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Amortization template for uneven monthly payments



 
 
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  #1  
Old March 26th 06, 11:56 PM posted to microsoft.public.excel.worksheet.functions
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Default Amortization template for uneven monthly payments

Need an amortization template for uneven monthly payments for multiple years.
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Old March 27th 06, 03:52 AM posted to microsoft.public.excel.worksheet.functions
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Default Amortization template for uneven monthly payments

You're probably better off to "roll your own" amortization table. You need four
columns: Date, Payment, Interest, Balance.

Interest = Balance from previous row * Interest Rate / 12
Balance = Previous Balance - Payment + Interest.

Copy down until Balance = 0

--
Regards,
Fred


"DOUG ODOM" > wrote in message
...
> Need an amortization template for uneven monthly payments for multiple years.



 




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