About Free Loan Amortization Schedule
This Free Loan Amortization Schedule Excel spreadsheet can be used to easily generate a complete Loan Amortization Schedule.
When a lender like a bank extends a loan to a borrower, provisions will be made for the borrower to repay the loan amount some time in the future or in parts periodically. At the same time, the lender will expect to receive interests from the borrower as a reward of undertaking the risk to lend out the money. When the loan amount is repaid by parts over a certain amount of time, the loan is called an amortized loan.
A borrower will typically be interested in knowing how much he will have to pay periodically if he takes up a loan of a certain amount over a certain period of time. Other information like how much total interest he will have to incur, the total principal loan amount outstanding at a specific point in time and whether he will be able to afford the loan if he shorten the total loan period will also be of interest to the borrower. All these information can be easily illustrated using a Loan Amortization Schedule.
This Free Loan Amortization Schedule Excel spreadsheet can be used to easily generate a complete Loan Amortization Schedule.
Previous Versions
Here you can find the changelog of Free Loan Amortization Schedule since it was posted on our website on 2015-04-25 03:00:00.
The latest version is 1.0 and it was updated on 2024-03-27 20:58:04. See below the changes in each version.
Free Loan Amortization Schedule version 1.0
Updated At: 2009-09-22
Changes: New Release
Disclaimer
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