254015243.xls.

ms_office

Amortization Table
A simple amortization table covering 36 payment periods of a loan.
1) To use the table, simply change any of the values in the "inital data" area of the worksheet.
2) To print the table, just choose "Print" from the "File" menu. The print area is already defined.

Initial Data
LOAN DATA
Loan amount:
Annual interest rate:
Term in years:
Payments per year:
First payment due:
PERIODIC PAYMENT
Entered payment:
Calculated payment:
CALCULATIONS
Use payment of:
1st payment in table:

TABLE DATA
Table starts at date:
or at payment number: 1

############
16.00%
7
1
1/28/2013

$812,211.18
$812,211.18
1

The table uses the calculated periodic payment amount

unless you enter a value for "Entered payment".
Beginning balance at payment 1:
Cumulative interest prior to payment 1:

3,280,168.00
0.00

Table
No.
1
2
3
4
5
6
7

Payment
Date
1/28/2013
1/28/2014
1/28/2015
1/28/2016
1/28/2017
1/28/2018
1/28/2019

Beginning
Balance
3,280,168.00
2,992,783.70
2,659,417.91
2,272,713.60
1,824,136.59
1,303,787.27
700,182.05

Interest
524,826.88
478,845.39
425,506.87
363,634.18
291,861.85
208,605.96
112,029.13

Page 1

Principal
287,384.30
333,365.79
386,704.31
448,577.00
520,349.32
603,605.22
700,182.05

Ending
Balance
2,992,783.70
2,659,417.91
2,272,713.60
1,824,136.59
1,303,787.27
700,182.05
0.00

Cumulative
Interest
524,826.88
1,003,672.27
1,429,179.14
1,792,813.31
2,084,675.17
2,293,281.13
2,405,310.26