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Formula for int. paid when extra monthly pmts are made.
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Gary L Brown
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Formula for int. paid when extra monthly pmts are made.
Create an amortization table with an 'extra payment' column?
HTH,
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Gary Brown
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"Mortgage Man" wrote:
I am looking for a way to find the total interest paid on a loan, if the
borrower decides to make a fixed extra monthly payment toward principal. The
cumipmt function does not allow me to put in a pmt. Is there another way to
do this?
Thanks in advance
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