Need Excel Mortgage Formula?
C2-Principal: 750,000 C3-Rate: 6.5% C4-Years: 15
C5-Monthly Payment:$6533
Given this information, what formula would calculate the ending balance of the first payment year.
There are mortgage calculators all over the internet.
www.bankrate.com
Mortgage Payment Calculator for Microsoft Excel
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Mortgage Payments $10.44 Updated to reflect current rates, these quick reference tables show the size of monthly payments necessary to amortize loans on amounts up to $600,000 over periods ranging from one to 40 years … |
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