NEW! Download Amortization Schedule Excel Template

Believe it or not, a loan amortization spreadsheet was the very first Excel template I downloaded from the internet. Since then, I've discovered the great boost in productivity that can come from not having to start from scratch, and hopefully this page will help you get a head start. This page lists the best places to find an Excel amortization spreadsheet for creating your own amortization table or schedule.

If you want a spreadsheet for creating an amortization table for a loan or mortgage, try one of the calculators listed below. There are some of my most powerful and flexible templates. A feature that makes most of the Vertex42 amortization calculators more flexible and useful than most online calculators is the ability to include optional extra payments. And of course with a spreadsheet, you can save your results.

Download Amortization Schedule Excel Template

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This may seem similar to the regular loan amortization schedule, but it is actually very different. This spreadsheet is for creating an amortization table for a so-called "simple interest loan" in which interest accrues daily instead of monthly, bi-weekly, etc.

My article "Amortization Calculation" explains the basics of how loan amortization works and how an amortization table or "schedule" is created. You can delve deep into the formulas used in my Loan Amortization Schedule template listed above, but you may get lost, because that template has a lot of features and the formulas can be complicated.

You can also find a free excel loan amortization spreadsheet by doing a search in Excel after going to File > New. Some of them use creative Excel formulas for making the amortization table and a couple allow you to manipulate the schedule by including extra payments. The new online Microsoft template gallery doesn't have as many loan-related templates as the old gallery, but you can still find a few in the Financial Management category.

If you want an easy way to view the schedule for your loan, you can create an amortization table in Microsoft Excel. We'll show you several templates that make creating this schedule easy so that you can track your loan.

An amortization schedule, sometimes called an amortization table, displays the amounts of principal and interest paid for each of your loan payments. You can also see how much you still owe on the loan at any given time with the outstanding balance after a payment is made.

If you like the idea of a template that offers more like additional payments, payment frequency, and payment type, but appreciate a bit of visuals for your summary, this template is for you. From Spreadsheet123, this amortization schedule gives you those bonuses you want along with a convenient chart.

This all-purpose Microsoft Excel amortization schedule template can be used for a variety of loan types including personal loans, mortgages, business loans, and auto loans. It calculates the interest and principal payments for a given loan amount within a set timeframe. This amortization table Excel template will show you the balance remaining after each payment, and the amount of interest paid to date. It also calculates the total number of payments necessary to pay the loan balance in full, so you can plan accordingly.

Use this Excel amortization schedule template to determine balloon payments. A balloon payment is when you schedule payments so that your loan will be paid off in one large chunk at the end, after a series of smaller payments are made to reduce the principal. This loan amortization template will calculate both your monthly payments and the balloon payment amount and schedule.

Use this loan amortization Excel template to determine the total loan amount when you purchase a car, factoring in trade-ins, rebates, down payments, sales tax, and any other extra fees. You can calculate the time it will take to pay off your loan, and experiment with how making extra payments can expedite your full ownership of the car.

Loans help us buy things that are too expensive to pay for with cash in hand, such as homes, cars, and business assets. Paying loans back involves using an amortization schedule, breaking the loan into equal monthly payments of principal and interest.

A finished Excel amortization schedule lays out payments for each month in a spreadsheet format and includes how much of each payment consists of principal vs. interest. This is where a template comes in.

You can simply save your Excel template as a new file each time to quickly create new amortization schedules. This will save you a lot of time designing, building, and adding formulas to your amortization schedules.

Then it contains an amortization table with information about each monthly payment. It also helps you see how many of your dollars are going to principal vs. interest. This template does the job, but adding some color and other design elements could make it easier to read and understand.

Oh, and you can import any existing amortization schedules from Excel straight into monday.com Work OS and then export them again if needed. You can even export the template itself to a fully-functioning Excel spreadsheet.

Most amortization schedule Excel templates will come with formulas for the core amortization schedule, but you can modify them if needed or add formulas elsewhere to calculate other relevant information.

For instance, a mortgage amortization schedule with a balloon payment will look different from a personal loan with a shorter term length and no balloon payment. Your templates should look different to accommodate each type of loan.

Use this spreadsheet to create an amortization schedule for a fixed-rate loan. Edit the cells within the blue cell borders (Loan Amount, Term, Interest Rate, etc.), and watch the rest fill themselves in. You can also enter optional extra payments within the table to estimate the interest savings. Remember, paying down the principal is your pal.

A loan amortization calculator is a tool for solving that second problem. By inputting the terms of your loan, including the amount, interest rate, and repayment schedule, you can calculate the payment amounts for a fixed-rate loan. Whether you have a mortgage, a car loan, or a personal loan, using a loan amortization calculator will take the guesswork out of calculating your payments.

Once you have filled in all of this information, the loan amortization calculator will calculate your payments over the full term of your loan. A summary can be found to the right, and below you will find a full schedule of the dates and amounts of each payment, broken down into the amounts going towards Interest and Principal. Note that towards the beginning of your loan, more of your money may be paying for interest rather than the principal itself.

Of course, once you know you need a loan amortization calculator, the next question is, where's the best place to get one? Some people might suggest an Excel amortization spreadsheet because they're used to doing everything in Excel. And you absolutely can search for an amortization schedule in Excel, if you're working in Excel spreadsheets 24/7 anyway and already have it running.

But if you're more likely to have a web browser open than Excel files, you might find it more convenient to use the free online amortization calculator here on Spreadsheet.com. Think of us as a convenient amortization schedule Excel alternative.

No matter if you're losing, gaining, or maintaining weight, it's important to track your caloric intake. This calorie amortization schedule can help you figure it out. Just enter your age, height, weight, gender, activity level, and goal weight to calculate a daily calorie intake that's realistic and easy to achieve.

Lease amortization is the process of paying down an operating or finance leased asset over time. We use a lease amortization schedule to amortize projected payments on a straight-line lease expense basis towards the principle of the lease throughout the lease term. Understanding how to calculate your lease amortization schedules is fundamental to creating your journal entries under ASC 842.

Under ASC 842, operating leases and financial leases have different amortization calculations. With our excel template, you will be guided on how to calculate your lease amortization schedules for both lease types.

Occupier has built out the necessary components of the lease amortization schedule for easy data input and accurate, fast calculations. In this table, you are to record information about your lease to create the lease amortization schedule, including the measurement date or the date your lease is active, the commencement date, the lease term, and the classification identifying whether it is an operating lease or finance lease, and many more data inputs to help calculate the amortization schedule.

Basically, all loans are amortizing in one way or another. For example, a fully amortizing loan for 24 months will have 24 equal monthly payments. Each payment applies some amount towards principal and some towards interest. To detail each payment on a loan, you can build a loan amortization schedule.

An amortization schedule is a table that lists periodic payments on a loan or mortgage over time, breaks down each payment into principal and interest, and shows the remaining balance after each payment.

That's it! Our monthly loan amortization schedule is done:Tip: Return payments as positive numbersBecause a loan is paid out of your bank account, Excel functions return the payment, interest and principal as negative numbers. By default, these values are highlighted in red and enclosed in parentheses as you can see in the image above.

For the Balance formulas, use subtraction instead of addition like shown in the screenshot below:Amortization schedule for a variable number of periodsIn the above example, we built a loan amortization schedule for the predefined number of payment periods. This quick one-time solution works well for a specific loan or mortgage. e24fc04721