Loan amortization templates for excel

You enter the loan amount, APR, loan period, number of payments per year, start date of the loan, and an optional amount for extra payments. The template provides a schedule and a loan summary. The simple interest loan calculator from Spreadsheet is a basic and clean loan calculator that includes a loan summary, visual graph for your loan payoff, and an amortization schedule.

If you have a loan that allows for an interest-only period, Spreadsheet has a free interest only loan calculator with amortization schedule. You enter in the terms of your loan as you would any other template and then put in how many years your loan will be interest-only. The schedule will then adjust accordingly. Before you buy your next car, carefully plan your payments with an auto loan amortization schedule.

While some general loan amortization templates will work for a mortgage, there are nuances with these loans that are best handled by a specialized template. Mortgage loan amortization templates might be able to handle such things as compound periods for interest rates and balloon payment loans. The free Excel mortgage loan amortization schedule template from Smartsheet differs from its general schedule in several ways. It allows you to enter a compound period, such as semi-annually.

The template will also show you how putting extra payments into your schedule will impact what you owe and your final payoff date. You enter in all of your mortgage loan terms as you would any other loan as well as the amount of the balloon payment, and this template will provide you with the correct schedule. Microsoft Office offers a free Mortgage Loan Calculator for Excel that includes an amortization table. You simply enter the purchase price of the home, the loan amount, APR, loan length, and start date.

The template will respond automatically when you make any changes to the inputs, such as the loan amount, interest rate, loan term, payments per year, optional extra payment, and loan start date. If you have an adjustable-rate mortgage ARM , the free ARM calculator with amortization schedule from Vertex42 is the best template choice.

It allows you to enter your loan terms, including the interest rate cap, the number of months to the next adjustment, and the expected adjustment in the rate. Excelchat can help troubleshoot issues with loan amortization templates or guide you with customization. Smartsheet offers a free home equity loan amortization schedule template for Excel. You enter your current mortgage loan terms, and it gives you both a schedule and totals for the principal and interest paid on the loan.

You can also figure out what will happen by making extra payments and how long it would take you to pay off both a mortgage and home equity loan. You simply put in your credit limit and other terms and there are multiple repayment options as well as a schedule that shows you how much you are paying over time.

Income Tax Calculator. Colorful Modern Class Schedule. Free Download WPS. Upgrade to premium Already premium? Sign in Here Template Premium Valid to. Loan Amortization Schedule. Enjoy Unlimited Uses. You are free for this item and thousands of excellent templates Subscribe to unlock this item and thousands of templates for edit and download You can enjoy this item and thousands of templates for edit and download. Edit in browser. Great for both short-term and long-term loans, the loan repayment calculator in Excel can be a good reference when considering payoff or refinancing.

Download this Excel loan calculator and take charge of your financial obligations. This is an accessible template. Address books. All holidays. Animation and 3D. Back to school. Bids and quotes. Blank and general. Business cards. Business plans.