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Mortgage Calculator with Extras

This document is a loan calculator that allows the user to enter a loan amount, annual interest rate, loan period in years, start date, and optional extra payments. It then calculates and displays the scheduled monthly payment, scheduled number of payments, actual number of payments made including any extra payments, total interest paid over the life of the loan, and a payment schedule showing the beginning balance, scheduled payment, any extra payment, total payment, amount applied to principal, interest, and ending balance for each payment period.

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Miguel
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We take content rights seriously. If you suspect this is your content, claim it here.
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72 views2 pages

Mortgage Calculator with Extras

This document is a loan calculator that allows the user to enter a loan amount, annual interest rate, loan period in years, start date, and optional extra payments. It then calculates and displays the scheduled monthly payment, scheduled number of payments, actual number of payments made including any extra payments, total interest paid over the life of the loan, and a payment schedule showing the beginning balance, scheduled payment, any extra payment, total payment, amount applied to principal, interest, and ending balance for each payment period.

Uploaded by

Miguel
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

Loan Calculator with Extra Payments

Enter values
Loan amount:
Annual interest rate:
Loan period in years (1-30):
Start date of loan:
Optional extra payments:

Scheduled monthly payment:


cheduled number of payments:
Actual number of payments:
Total of early payments:
Total interest:

No.

Payment Beginning Sc heduled


Date
Balanc e
Paym ent

Extra
Paym ent

Total
Paym en t

Principal

Interest

End ing
Balance

No.

Payment Beginning Sc heduled


Date
Balanc e
Paym ent

Extra
Paym ent

Total
Paym en t

Principal

Interest

End ing
Balance

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