I'm trying to calculate the interest rate for an fixed rate amortization schedule using the known factors below:
- Principal Balance
- Term
- Total Interest Paid
Currently the formula that I have found requires the payment in its' formula, however this is an unknown factor with what I'm trying...
Hi,
Please see the picture linked to below and open it in a separate tab to zoom it:
https://imgur.com/a/8v1i12O
I am trying to create a formula to use in O2:Z2 (blue cells). I want it to do the following:
Look for invoices in C3:N3, if true, then divide it by number of mortgage months in B3...
Dear all,
Is there a way to:
Calculate Cumulative interest paid at Month # 15 ("n") for Mortgage amortized for 25 years
using ONE line.
I want a single formula whereby I can just change "n" and it gives me the cumulative interest up to that point. All other mortgage elements (interest rate...
I am attempting to bulid a formula that will determine rate on an "end of the period" loan where the only knowns are:
Starting Balance
Term and frequency of payments
Number of payments made
Current Balance
For example: On a $100,000 30yr mortgage, 12 payments have been made, and the current...
Need to pull "Mortgage" out of Business Mortgage, Loan. I thought using the mid function would be the correct way to do it, I am not sure because I used the MID function and got it wrong.
Hello
I have a mortgage comparison spreadsheet which, once the information has been input, compares the total amount payable over the initial fixed rate e.g. two years.
Book1BC6Option One7Loan Amount (inc any fees added to loan)8Other Fees (not added to loan)9Term of Mortgage (in...
Hi All,
I am currently creating a personal finance spreadsheet and I am trying to Calculate in 1 cell the amount left on a Mortgage.
All I want to do in say, Cell A1 is tell me how much is left to pay in reference to TODAY's date.
I don't want or need a full mortgage amortization spreadsheet...
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