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Loan Calculator with Extra Payments, Lump Sums etc. (Microsoft Excel)
FAQ Article 111
(Tracking a loan or mortgage in Excel), I mention that I customized a Microsoft Office Template for loan payment tracking. This excel spreadsheet is below. The idea was that I could put in/take out various lump sums into a spreadsheet to track the effect of them on my loan account, and see when I was likely to pay off the loan.
I was lucky - using this and a combination of smart investment decisions and a bit of luck, I paid off the loan very quickly. It might not do that for you, but could help you try scenarios out.
The spreadsheet is not simple enough to be used by someone who doesn't know any Excel, but hopefully can be used if you have some basic skill in the tool. I can't provide any support for this spreadsheet, as I barely understand the stuff I added.
To use it, you should import your Money account list using MoneyLink into a separate sheet, and change the various parameters as mentioned on the Notes page.
If you have any add-ins which you would like distributing from this page, please let me know.
Page Last Updated: Sat, 29 Oct 2016 13:35:04 GMT
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