Mar16

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Excel Loan Calculator With Extra Payments Template

Simple and to the point excel loan calculator makes it easy to figure the details in an easy to use template. The main reason you want a loan calculator is so you can easily change values, press tab and there it is! Your new monthly payment and the total you REALLY pay for that widget or house you NEED to buy.

Find out yourself what you're willing to pay or your budget will allow before getting into the nitty-gritty of searching out that loan officer, broker or lender. This template allows you to add extra payments to your scenario to give you another view of your financial options.

Values that you can change are:

  1. Loan amount
  2. Interest rate
  3. Loan period
  4. Start date
  5. Any extra payments

Microsoft has this template available for download at their Loan calculator with extra payments page.

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Download Microsoft Excel of course! And all the stuff you need like worksheets and templates. How about discussion on formulas and cell tagging? Tutorials and lists of "how-to" for everything Excel. Oh yeah, there are Excel downloads too.

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