| Home |
| Search |
| Today's Posts |
|
#1
|
|||
|
|||
Calculate correct interest on loan when debtor pays late
I am carrying a mortgage for someone who purchased property from me. The
problem is that the person paying cannot seem to ever pay on time. I built the amoritization chart for on time payments, but need the formula for properly posting the payments, and ensuring that I post the interest and principal correctly. Sometimes the payments are up to 60 days past due. Does anyone have this built already or can provide me the concept? |
| Reply |
| Thread Tools | Search this Thread |
| Display Modes | |
|
|
Similar Threads
|
||||
| Thread | Forum | |||
| Calculate total interest earned on a loan and monthly payment | Excel Worksheet Functions | |||
| How do you calculate interest expense on bonds? | Excel Discussion (Misc queries) | |||
| How do I calculate interest on actual date? | Excel Worksheet Functions | |||
| How do I calculate interest and deduct late fees based on date pa. | New Users to Excel | |||
| How to calculate total interest on 12 month loan with early payments | Excel Worksheet Functions | |||
Linear Mode
