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!
 

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What is the last column in Excel?
Excel columns run from A to Z, AA to AZ, AAA to XFD. The last column is XFD.

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