Free Loan Amortization Spreadsheet for Excel
June 25th, 2008 • Related • Filed Under
If you are looking for a quick and easy way to create a loan payment schedule, I found this easy to use (and free) excel loan amortization spreadsheet.
Simply input the loan amount, start date, interest rate, term and payment frequency. It’s easy to see how adding a little extra to each month’s payment impacts the end balance and time to payoff.
I use the spreadsheet for personal loans and consumer loans. Plug-in your car loan or mortgage and start paying off your debt.
Download the spreadsheet for excel.
Comment by borrower on 25 June 2008:
This is great! I really like how everything you need to know is right up there at the top. It’s fascinating to play with the different terms of payment and see how much you really end up paying.
Very helpful, thanks for putting this up!