How To Create A Loan Amortization Table In Excel

[@nicknicolay972]

Great info. Can’t wait for the next one.

[@HowToAnalyst]

Coming soon!

[@KyleSorenti]

I’m building one because I’m spending beyond my means on material items. I rationalize these decisions by acting like these items bring me happiness, but in the end, they never really do. Unrelated fun fact, the upgraded seats in the 2023 Ford Raptor are super tear absorbent

[@HowToAnalyst]

I want to take a ride!

[@benfithian659]

Crazy that almost 90% of that first payment is just going towards interest on the loan and barely reducing the principal. Curious to know how much total interest was paid for borrowing $200k over 30 yrs @7%. Thanks for insightful video, Pete.

[@HowToAnalyst]

It is crazy Ben, actually going to calculate total interest for a mortgage payment in a few videos!

[@RealwithAida]

Dayum

[@HowToAnalyst]

Hopefully it helped!

[@RealwithAida]

Yes it did! I was wondering how I could add a formula for EXTRA principle payments ❤

[@HowToAnalyst]

@@RealwithAida check this one out - kzbin.info/www/bejne/jZWWmoedrLCZmcU