Calculating Housing Loan Based on Total Amount

An Excel file that teaches how to perform Calculating Housing Loan Based on Total Amount operation.

Excel Source: Calculating Housing Loan Based On Total Amount

Credit tables prepared in Excel ensure that monthly installment amounts are calculated correctly. After the user enters the principal amount, interest rate, and term, the payment plan is generated automatically. In addition, the total repayment and interest burden are calculated instantly. This method makes it easy to see the cost of the loan in advance.

Hope it is useful.