VBA for Loan Amortization

iamhanzome

New Member
Joined
Dec 21, 2021
Messages
1
Office Version
  1. 2016
Platform
  1. Windows
Hi,

Today, i attended a training and just got introduced to the world of VBA. So i am literally a newbie (1 Day old in VBA). I realized that understanding VBA can help tremendously on making my work more efficient. At the same time, we were asked by our instructor to register for VBA forums and ask questions that are relevant in our work.

So here's what came to my mind as a subject to ask- Loan Amortization. Can you help me or provide suggestion how i can build a loan amortization schedule with below input. I know there are so many loan calculator available online but i want to try to create one as part of my learning.

Principal: $ 50M

Interest rate: 3.5% p.a.

Term: 10 years

Payment Option: Fixed Monthly amortization with repayment of principal and interest

Other options: 1) Can make unscheduled payment when there is cash surplus 2) I have a target fixed monthly payment, calculate what will be the term of the loan


Thank you in advance!
 

Excel Facts

Format cells as time
Select range and press Ctrl+Shift+2 to format cells as time. (Shift 2 is the @ sign).

Forum statistics

Threads
1,223,164
Messages
6,170,444
Members
452,326
Latest member
johnshaji

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top