This video shows how to open and use the Loan Amortization Calculator found in Microsoft Excel 2007/2010. Calculator allows you to enter loan amount, annual interest rate, time frame, number of payments per year, start date and any option extra payments. The calculator will output the cumulative loan, principle per payment, interest per payment and more. This video also demonstrates how to unprotect the sheet.
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In this video I show you how to calculate a mortgage (or any loan with interest) using a finance calculator. Very easy to do. It’s always a great idea to know the deal before you talk to a sales agent…
This is the calculator used: http://amzn.to/HVI8vC
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