How to build an amortization schedule based on date of opening. Help please!!!

220013047

New Member
Joined
Oct 23, 2015
Messages
7
Hello,

I am trying to build an amortization schedule that will spread an amount equally over a specific number of months per line item. I am trying to find when the first month of the spread occurs and then simply replicate the amount for the remained of the term. The values before the match should be zero. The values after the match should list the monthly spread amount.

Set up: Columns

Column A1 Amt per month A2 $125

Column B1 open date B2 Nov 2014

Set up: Rows

Row C1, D1 and E1 = Oct 2014, Nov 2014 and Dec 2014

I did Index Match to find the match under C2, C3 and C4, but then I am having trouble listing the 125 for the remaining months because the future month does no longer match the criteria.

Thank you!
 
Last edited:

Excel Facts

Format cells as time
Select range and press Ctrl+Shift+2 to format cells as time. (Shift 2 is the @ sign).
Sorry, forgot to write that my horizontal data is set up jan-dec with q1 q2 q3 and q4 and total.

Thank you!
 
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