Excel Mortgage Calculator

Buying our house is one of the most critical decisions we give in our lives. It is great to have our own house but this also puts us in a long-term commitment of payments. So, before giving our decisions it is a good idea to make our plans to see the future payments for the credit we will take. This Excel Adjustable Rate Mortgage Calculator helps you to calculate your loan payments supported by some charts.

Excel Home Mortgage Calculator Features:

This tool is prepared with macros. So, all you need to do is to put your loan amount, interest rate, and the number of years you plan to pay back the credit.

Firstly, on Dashboard fill in the settings options according to your own case. Then click on the “Calculate” button and the tool will automatically list down the loan payments.

In addition, an adjustable-rate mortgage calculator provides you with charts to present a visual situation of your payments. These are;

• The trend of Debts and Paid Up Capital
• The monthly Payment rate shows your Interest Paid, Capital Paid, and Remaining Balance
• Payment Percentage

Mortgage Calculator will automatically calculate the interest amortization, monthly fixed fee, and remaining balance. Don’t forget to check at least a few combinations until you find the most suitable option according to your own situation.

Mortgage Calculator Features Summary:

• Home Mortgage Amortization Calculator in Excel
• Future payments of your loan
• Automatically calculates the interest amortization, monthly fixed fee, and remaining balance
• Clear on sheet instructions
• Nice dashboard design with charts
• Compatible with Excel 2010 and later versions.
• Print-Ready
• Does not include any VBA code or macros

If you liked this template, don’t forget to check our other Excel Calculators