Comments on: Ever Wonder What a Mortgage Amortization Looks Like?

By: amortization formula

amortization formula — Sun, 27 Dec 2009 05:51:08 +0000

This sample is very clear and easy to understand but I need to know how to write the formula in excel. Could you please explain more a bit? Thank you

By: Noshin Khoja

Noshin Khoja — Tue, 28 Jul 2009 16:25:43 +0000

Hi, I am trying to figure out how to do the payment amount per year vs every month? Can u please help? Doing a 30 yr loan, at 6% and trying to figure out how to put that formula in excel? please advice. Thank you.

By: Steve Hanna

Steve Hanna — Tue, 23 Jun 2009 12:29:36 +0000

Do you know if there is a neg am calculator available that is compatible with excel?

By: Richard Benjafield

Richard Benjafield — Thu, 26 Jul 2007 11:25:00 +0000

I downloaded the amortization spreadsheet. Incredibly helpful and so useful for being able to see how things could pan out. It’s quite calming having this knowledge at one’s fingertips! Many thanks.

By: Tom Allen

Tom Allen — Mon, 16 Jul 2007 03:31:03 +0000

Very good tutorial. It always amazes me how a lot of people don’t seem to understand the mechanics of financial products. I run a mortgage information site myself and anything that can help to inform people and better equip them to understand how finance works is a good thing.

By: AllFinancialMatters » Blog Archive » The Top 5 Reasons to Pay Off Your Mortgage?

Mon, 14 May 2007 15:28:45 +0000

[...] Ever Wonder What a Mortgage Amortization Looks Like? [...]

By: AllFinancialMatters » Blog Archive » How an Interest-Only Mortgage Works

Thu, 29 Mar 2007 17:29:20 +0000

[...] Notice that the beginning balance for the second month is smaller than the beginning balance from the previous month. That’s because a portion of your payment is going towards the principal. As you continue to pay on your mortgage, the percentage of each payment that goes towards interest will decrease while the amount going towards the principal will increase. Towards the end of the mortgage term, most of the payment will go towards principal and very little will go towards interest. For more on how the math of a mortgage works, see this post I wrote last year. [...]

By: MEV

MEV — Sat, 17 Feb 2007 18:56:23 +0000

Please send this to me. Thanks Ever Wonder What a Mortgage Amortization Looks Like? “If you are interested in a copy of the file, send me an email and I’ll send it to you that way.) I used if you are interested.”

By: Carlos

Carlos — Wed, 08 Nov 2006 01:41:31 +0000

Could you please send me a copy of the excel spreadsheet. I would like to apply to Interest Semiannual (Biweekly Canadian Mortgage)

By: LAduru

LAduru — Fri, 03 Nov 2006 20:55:30 +0000

Could you please send me your spreadsheet. Thank you. I would also like to know how to calculate the negative amortization loan. Could you please help me.