Loan Amortization Calculator Excel Template
Credit amortization plan template. Calculate loan payments and create schedule in one click. With flexible term options. All in Excel.
We need Financial Markets (mostly commercial banks) to get financial liquidity to reach our targets. This Loan Amortization Calculator Excel Template is a tool to identify the repayment schedule plan of the money you borrow for a mortgage.
Main Features of the Template
Basically, this Excel loan amortization template is a tool where you can input the amount of money, interest rate, payment frequency, balloon payment, and loan term according to your situation. After you type in the inputs, you may see the Loan Amortization schedule immediately.
Furthermore, you can select your payment frequency from the drop-down, which contains Monthly, Quarterly, Semi-Annually, Annually options in this excel loan amortization calculator.
To emphasize, the input parts have been clarified with white cells. So the gray areas indicate the results. Thus, just put your financial data and let the loan amortization calculator template help you to find the best option for you.
Once the schedule is created it is easy to observe your payments (principal and interest) and your Outstanding Loan Balance. Besides that, if the loan amortization schedule does not match your needs you may check other scenarios. In that way, you will be able to see if they are attractive or not. That’s how our loan amortization calculator in excel works.
Loan Amortization Calculator Excel Template Features Summary:
- Monthly, Quarterly, Semi-Annually, Annually payment options
- Loan Amortization Schedule with a balloon payment
- Easy to fill
- Also full print ready
- Informational notes included
- No installation needed, ready-to-use
- Works both on Mac and Windows
- Compatible with Excel 2010 and later versions
- Does not include any VBA code or macros