Loan Amortization (Regular Payments Received) Accounting Calculations & Journal Entries

How to amortize and record a loan (note receivable) with equal payments (annuity type loan payments), calculate the interest revenue on the loan for the period (duration) of the loan, then amortize the interest revenue and recognize the revenue on the income statement, following steps (accounting detailed), (1) discount the loan (FV) back to the issue date using the interest rate on the loan (using Excel PV function given interest rate & payments), (interest revenue = FV lump sum payment - PV...

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From: Allen Mursau

Related topics : loan payment calculator excel / interest rates loan / calculating loan interest / loan calculator with amortization schedule

Loan Comparison and EMI Payment Calculator (Excel Template)

This Loan Comparison and EMI Payment Calculator (Excel Template) calculates 1) EMI, 2) Total Interest paid during the duration of the loan, 3) Last Payment Month and 4) Number of Payments. It allows you to compare three different loan scenarios based on their EMI, Interest, Last Payment Month and Number of Payments. For example, you can compare loans from three different banks if they have different interest rates or loan period. You can also compare how much savings you can get if you pre-pay...

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From: ind zara

Related topics : calculating loan payments in excel / amortization loan calculator in excel download

Loan Amortization (Single Ballon Payment) Accounting Calculations & Journal Entries

How to amortize and record a loan (note receivable) with a single payment (ballon payment) when it comes due (accounting on balance sheet and income statement detailed (T Accounts), calculate the interest revenue on the loan for the period (duration) of the loan, then amortize the interest revenue and recognize the revenue on the income statement, following steps detailed, (1) discount the loan (FV) back to the issue date using the interest rate on the loan (using Excel PV function), (interest...

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From: Allen Mursau

Related topics : interest loan calculator / loan calculator with amortization schedule / interest rates loan / calculating loan payments in excel

How to Build a Dynamic Amortization Table in Excel

UPDATE: After feedback in the comments section, I've updated the file to correct an error where the payoff amount wasn't being correctly calculated when including curtailment payments

For a free copy of the completed mortgage amortization table in Excel, visit: http://www.adventuresincre.com/excel-mortgage-amortization-table-model/

For more free Excel tips and free Real Estate Models visit: http://www.adventuresincre.com

To learn more about Spencer, visit:...

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From: Spencer Burton

Related topics : amortization loan calculator excel

Car Loan Calculato

The worksheet calculates the total Loan Amount, taking into account your down payment, trade-in, or cash rebate. You can then use the Auto Loan Payment Calculator (another worksheet within the Excel workbook) to create an amortization schedule and analyze different types.

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From: asad hassan

Related topics : loan calculator payment amount / loan calculator auto with down payment / loan payment calculator car / used car loan calculator / amortization loan calculator excel

Amortization in Excel (Part 1: Simple Calculator)

In this video, I demonstrate how to calculate the monthly payment, total amount paid, and interest paid for an Amortized loan. This can be applied to Mortgages, auto loans, credit card bills, etc.

This is the first of a series. In this next videos, I will show you how to create an amortization schedule.

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From: Justin Conroy

Related topics : loan calculator auto interest paid / credit loan mortgage