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Default How do I compute effective yield in Excel when there is a balloon

The CUMIPMT and CUMPRINC always result in too long an amort period so loan
fee is not fully amortized by maturity.
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Default How do I compute effective yield in Excel when there is a balloon

What formula are you using?
Give us an example of what you want solved, including the answer you are
looking for.

Regards,
Fred.

"Beanman" wrote in message
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The CUMIPMT and CUMPRINC always result in too long an amort period so loan
fee is not fully amortized by maturity.


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