Loan Calculator w/ extra pmts

K

Kathy

How can I amortize years AND months. Excel rounds my 14.67 years up to 15.
Or where can I allow it to calculate on the fixed payment amount? The
monthly payment is fixed but additional monthly principal-only pmts. will be
made.
 
S

sarasota

Kathy said:
How can I amortize years AND months. Excel rounds my 14.67 years up to 15.
Or where can I allow it to calculate on the fixed payment amount? The
monthly payment is fixed but additional monthly principal-only pmts. will be
made.
Click to expand...


Your best bet is to go to the Mortgage professor site:
http://www.mtgprofessor.com/

You will find every you want to know or calculate concerning mortgages. Good
luck.
 
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