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On Mar 17, 11:28 am, Jagaude wrote:
Based on a date, insert pmt in a cell depending on the interval that was decided. [....] I would like to add an additional payment only every 2 months and not every months. Those are two very different requirements, the first being more general than the second. If all you want to do is make an additional payment every 2 months, and if the additional payment is the same as the monthly payment (as in your example), the following might meet your needs. In the Additional Payment column (starting in E2 and copy down): =if(E1="", C2, 0) ----- original posting ----- On Mar 17, 11:28*am, Jagaude wrote: Can anyone help me with this challenge. I have an amortization schedule calculating mortgages. Everything works fine except that I would like to add a feature for interval extra payments. Does anyone know how to do this? Based on a date, insert pmt in a cell depending on the interval that was decided. Ex: No. Due Date Payment Due Principal * Additional Payment Interest Balance 1 03/07/2008 1,270.51 *218.76 * 1,270.51 *1,051.75 *249,083.73 2 04/07/2008 1,270.51 *225.01 * 1,270.51 *1,045.50 *247,588.21 3 05/07/2008 1,270.51 *231.29 * 1,270.51 *1,039.22 *246,086.41 4 06/07/2008 1,270.51 *237.59 * 1,270.51 *1,032.92 *244,578.31 5 07/07/2008 1,270.51 *243.92 * 1,270.51 *1,026.59 *243,063.88 6 08/07/2008 1,270.51 *250.28 * 1,270.51 *1,020.23 *241,543.09 7 09/07/2008 1,270.51 *256.66 * 1,270.51 *1,013.85 *240,015.92 8 10/07/2008 1,270.51 *263.07 * 1,270.51 *1,007.44 *238,482.34 I would like to add an additional payment only every 2 months and not every months. Cheers, Jagaude |
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