Scribd
Upload
59 views2 pages

Simple Loan Calculator: Enter Values

This document contains a simple loan calculator that allows a user to enter a loan amount, annual interest rate, loan period, and start date to calculate the monthly payment amount, number of payments, total interest paid, and total cost of the loan. It then provides an amortization schedule showing the principal and interest amounts for each monthly payment over the life of the loan.

Uploaded by

alex2628
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
59 views2 pages

Simple Loan Calculator: Enter Values

This document contains a simple loan calculator that allows a user to enter a loan amount, annual interest rate, loan period, and start date to calculate the monthly payment amount, number of payments, total interest paid, and total cost of the loan. It then provides an amortization schedule showing the principal and interest amounts for each monthly payment over the life of the loan.

Uploaded by

alex2628
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
You are on page 1/ 2

Simple Loan Calculator

No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33

Loan amount
Annual interest rate
Loan period in years
Start date of loan

Enter Values
$100,000.00
12.500%
4
8/22/2007

Monthly payment
Number of payments
Total interest
Total cost of loan

$2,658.00
48
$27,583.99
$127,583.99

Payment
Date
9/22/2007
10/22/2007
11/22/2007
12/22/2007
1/22/2008
2/22/2008
3/22/2008
4/22/2008
5/22/2008
6/22/2008
7/22/2008
8/22/2008
9/22/2008
10/22/2008
11/22/2008
12/22/2008
1/22/2009
2/22/2009
3/22/2009
4/22/2009
5/22/2009
6/22/2009
7/22/2009
8/22/2009
9/22/2009
10/22/2009
11/22/2009
12/22/2009
1/22/2010
2/22/2010
3/22/2010
4/22/2010
5/22/2010

Beginning
Balance
$ 100,000.00
98,383.67
96,750.50
95,100.31
93,432.94
91,748.20
90,045.91
88,325.89
86,587.95
84,831.91
83,057.58
81,264.76
79,453.27
77,622.91
75,773.48
73,904.79
72,016.63
70,108.80
68,181.10
66,233.32
64,265.25
62,276.68
60,267.40
58,237.18
56,185.82
54,113.09
52,018.77
49,902.63
47,764.45
45,603.99
43,421.04
41,215.34
38,986.67

Payment
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00

Principal
1,616.33
1,633.17
1,650.18
1,667.37
1,684.74
1,702.29
1,720.02
1,737.94
1,756.04
1,774.33
1,792.82
1,811.49
1,830.36
1,849.43
1,868.69
1,888.16
1,907.83
1,927.70
1,947.78
1,968.07
1,988.57
2,009.28
2,030.21
2,051.36
2,072.73
2,094.32
2,116.14
2,138.18
2,160.45
2,182.96
2,205.70
2,228.67
2,251.89

Interest
1,041.67
1,024.83
1,007.82
990.63
973.26
955.71
937.98
920.06
901.96
883.67
865.18
846.51
827.64
808.57
789.31
769.84
750.17
730.30
710.22
689.93
669.43
648.72
627.79
606.64
585.27
563.68
541.86
519.82
497.55
475.04
452.30
429.33
406.11

Ending
Balance
$ 98,383.67
96,750.50
95,100.31
93,432.94
91,748.20
90,045.91
88,325.89
86,587.95
84,831.91
83,057.58
81,264.76
79,453.27
77,622.91
75,773.48
73,904.79
72,016.63
70,108.80
68,181.10
66,233.32
64,265.25
62,276.68
60,267.40
58,237.18
56,185.82
54,113.09
52,018.77
49,902.63
47,764.45
45,603.99
43,421.04
41,215.34
38,986.67
36,734.78

No.
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48

Payment
Date
6/22/2010
7/22/2010
8/22/2010
9/22/2010
10/22/2010
11/22/2010
12/22/2010
1/22/2011
2/22/2011
3/22/2011
4/22/2011
5/22/2011
6/22/2011
7/22/2011
8/22/2011

Beginning
Balance
36,734.78
34,459.43
32,160.38
29,837.39
27,490.19
25,118.55
22,722.20
20,300.89
17,854.36
15,382.34
12,884.57
10,360.79
7,810.71
5,234.08
2,630.60

Payment
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00
2,658.00

Principal
2,275.35
2,299.05
2,323.00
2,347.19
2,371.64
2,396.35
2,421.31
2,446.53
2,472.02
2,497.77
2,523.79
2,550.07
2,576.64
2,603.48
2,630.60

Interest
382.65
358.95
335.00
310.81
286.36
261.65
236.69
211.47
185.98
160.23
134.21
107.92
81.36
54.52
27.40

Ending
Balance
34,459.43
32,160.38
29,837.39
27,490.19
25,118.55
22,722.20
20,300.89
17,854.36
15,382.34
12,884.57
10,360.79
7,810.71
5,234.08
2,630.60
(0.00)

You might also like