The Loan Calculator for Excel is the best way to see how a loan's terms will effect the borrower's payment obligations. The model is fully-customizable and accommodates loans with up to 500 payment periods. Simply enter the principal amount, interest rate, payment frequency and the length of the loan and a payment table is automatically generated. View upcoming payments and each payment's breakdown between principal and interest. An additional feature is the ability to make extra payments each period.
System requirements:
Microsoft Excel 97-2007
( By The Spreadsheet Store - Loan Calculator for Excel Publisher )