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Excel Practice

This document contains information about loan amortization over a 30 year period for a $300,000 loan with an 8% interest rate. It shows the opening balance, payment, interest, and principal components for each year. It also includes charts showing the declining loan balance over time as payments are made each year.

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phool khan
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© Attribution Non-Commercial (BY-NC)
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Download as XLSX, PDF, TXT or read online on Scribd
31 views

Excel Practice

This document contains information about loan amortization over a 30 year period for a $300,000 loan with an 8% interest rate. It shows the opening balance, payment, interest, and principal components for each year. It also includes charts showing the declining loan balance over time as payments are made each year.

Uploaded by

phool khan
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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LOAN AMORTIZATION

Azeem

LOAN AMORTIZATION

50,000

Inputs
PV

45,000

300,000

40,000

30

35,000

Interest Rate
Years

8.00%
31

80

30,000
25,000
31
20,000
15,000
10,000
5,000
1

Outputs
Years
Open bal
Payment
Interest Coupon
Pricipal Component

1
2
3
4
300,000 297,568 294,941 292,104
26,432
26,432
26,432
26,432
24,000
23,805
23,595
23,368
2,432
2,627
2,837
3,064

11

5
289,040
26,432
23,123
3,309

16

6
285,731
26,432
22,859
3,574

Payment
Interest Coupon
Pricipal Component

16

21

7
282,158
26,432
22,573
3,860

8
278,298
26,432
22,264
4,168

26

9
274,130
26,432
21,930
4,502

10
269,628
26,432
21,570
4,862

11
264,766
26,432
21,181
5,251

12
259,515
26,432
20,761
5,671

13
253,844
26,432
20,308
6,125

14
247,719
26,432
19,818
6,615

15
241,105
26,432
19,288
7,144

16
233,961
26,432
18,717
7,715

17
226,245
26,432
18,100
8,333

18
217,913
26,432
17,433
8,999

19
208,914
26,432
16,713
9,719

20
199,195
26,432
15,936
10,497

21
188,698
26,432
15,096
11,336

22
177,362
26,432
14,189
12,243

23
165,118
26,432
13,209
13,223

24
151,896
26,432
12,152
14,281

25
137,615
26,432
11,009
15,423

26
122,192
26,432
9,775
16,657

27
105,535
26,432
8,443
17,989

28
87,546
26,432
7,004
19,429

29
68,118
26,432
5,449
20,983

30
47,135
26,432
3,771
22,661

31
24,473
26,432
1,958
24,474

32
(1)
26,432
(0)
26,432

33
(26,433)
26,432
(2,115)
28,547

34
(54,980)
26,432
(4,398)
30,831

35
36
(85,811) (119,108)
26,432
26,432
(6,865)
(9,529)
33,297
35,961

37
38
39
40
41
42
43
44
45
(155,069) (193,906) (235,851) (281,151) (330,076) (382,914) (439,979) (501,610) (568,171)
26,432
26,432
26,432
26,432
26,432
26,432
26,432
26,432
26,432
(12,405) (15,513) (18,868) (22,492) (26,406) (30,633) (35,198) (40,129) (45,454)
38,838
41,945
45,300
48,924
52,838
57,065
61,631
66,561
71,886

46
47
48
49
50
(640,056) (717,693) (801,541) (892,096) (989,896)
26,432
26,432
26,432
26,432
26,432
(51,205) (57,415) (64,123) (71,368) (79,192)
77,637
83,848
90,555
97,800 105,624

51
#######
26,432
(87,642)
114,074

52
53
54
####### ####### #######
26,432
26,432
26,432
(96,767) (106,623) (117,268)
123,200 133,056 143,700

55
56
57
58
59
60
61
62
63
####### ####### ####### ####### ####### ####### ####### ####### #######
26,432
26,432
26,432
26,432
26,432
26,432
26,432
26,432
26,432
(128,764) (141,180) (154,589) (169,070) (184,710) (201,602) (219,845) (239,547) (260,825)
155,196 167,612 181,021 195,502 211,143 228,034 246,277 265,979 287,257

64
65
66
67
68
69
70
71
72
####### ####### ####### ####### ####### ####### ####### ####### #######
26,432
26,432
26,432
26,432
26,432
26,432
26,432
26,432
26,432
(283,806) (308,625) (335,429) (364,378) (395,643) (429,409) (465,876) (505,261) (547,796)
310,238 335,057 361,861 390,810 422,075 455,841 492,308 531,693 574,228

73
74
75
76
77
78
79
####### ####### ####### ####### ####### ####### #######
26,432
26,432
26,432
26,432
26,432
26,432
26,432
(593,735) (643,348) (696,930) (754,799) (817,298) (884,796) (957,695)
620,167 669,780 723,363 781,232 843,730 911,228 984,127

80
#######
26,432
#######
#######

81
#######
26,432
#######
#######

82
#######
26,432
#######
#######

83
#######
26,432
#######
#######

84
#######
26,432
#######
#######

85
#######
26,432
#######
#######

86
#######
26,432
#######
#######

87
#######
26,432
#######
#######

88
#######
26,432
#######
#######

89
#######
26,432
#######
#######

90
#######
26,432
#######
#######

91
#######
26,432
#######
#######

92
#######
26,432
#######
#######

93
#######
26,432
#######
#######

94
#######
26,432
#######
#######

95
#######
26,432
#######
#######

96
#######
26,432
#######
#######

Bond Duration
Inputs
Rate Convention

EAR

APR

Coupon Rate

4.63%

463

YTM

3.94%

394

# payment/Year
Outputs
Disc./Period
Dynamic Chart Outputs
Time To Maturity
# Period to Maturity
Duration of Coupon Bond
Duration of Zero Coupon Bond

2.315%

1
2

2
4

3
6

4
8

5
10

6
12

7
14

8
16

9
18

10
20

S. No.
1
2
3
4
5
6
7

Date
7-Dec
15-Dec
20-Dec
21-Dec
22-Dec
24-Dec
28-Dec

Arrival Time
9.25
9.38
9.33
9.31
9.15
9.16
9.14

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