Loan Mortgage / Amortization Schedule with Regular and Additional Payments in Excel
Originally published: 08/11/2024 13:31
Publication number: ELQ-34444-1
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Loan Mortgage / Amortization Schedule with Regular and Additional Payments in Excel

Mortgage Calculator in Excel with Additonal Payment feature

Description
Loan Amortization Scheduler in Excel – Your Smart Financial Tool to Save Time and Money!
Take control of your loans with this easy-to-use, professional-grade Loan Amortization Scheduler! Designed to make loan planning clear, simple, and efficient, this Excel template gives you a complete picture of your monthly payments and interest breakdown while empowering you with strategies to save time and money by making extra payments.

Features:

  1. User-Friendly Input Tab
    Easily enter your loan details, including loan amount, interest rate, loan term, and other specifics. This tab has all the fields you need to set up your schedule in minutes. No confusing formulas to worry about—simply fill in the blanks and let the scheduler do the rest.
  2. Automatic Amortization Schedule
    Watch your loan payment schedule build itself based on the details entered in the Input tab. This dynamic sheet shows your monthly principal and interest amounts, outstanding balance, and the overall payment timeline—all automatically calculated for you.
  3. Interactive Graphs for Quick Insights
    Instantly visualize your loan details with two dynamic graphs:
    • Principal & Interest Bar Chart: Clearly see how your payments are allocated between principal and interest month by month.
    • Time Savings Pie Chart: Discover how additional payments can shorten your loan term and save you interest over time.
This Loan Amortization Scheduler is perfect for anyone looking to make smarter financial decisions with loans, whether for personal, home, auto, or business use. Get yours today and start planning for a more financially efficient future!

This Best Practice includes
1 Excel File

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