2 Car Loan With Down Payment1

download 2 Car Loan With Down Payment1

of 1

Transcript of 2 Car Loan With Down Payment1

  • 8/15/2019 2 Car Loan With Down Payment1

    1/1

    Loan Amortization ScheduleHELP © 2008 Vertex42 LLC

    Loan Information Summary

    Loan Amount 15,000.00  Rate (per period) 0.667%

     Annual Interest Rate 8.00% Number of Payments 17

    Term of Loan in Years 2 Total Payments 15,565.92 

    First Payment Date 1/1/2012 Total Interest 565.92 

    Payment Frequency Monthly Est. Interest Savings 608.07 

    Compound Period Monthly .

    Payment Type Beginning of Period .

    Monthly Payment 673.92 

    [42]

     Amortization Schedule FALSE

    No. Due Date Payment

     Additional

    Payment Interest Principal Balance

    15,000.00

    1 1/1/12 673.92 4,321.59 0.00 4,995.51 10,004.49

    2 2/1/12 673.92 66.70 607.22 9,397.27

    3 3/1/12 673.92 62.65 611.27 8,786.01

    4 4/1/12 673.92 58.57 615.34 8,170.66

    5 5/1/12 673.92 54.47 619.45 7,551.22

    6 6/1/12 673.92 50.34 623.58 6,927.64

    7 7/1/12 673.92 46.18 627.73 6,299.91

    8 8/1/12 673.92 42.00 631.92 5,667.99

    9 9/1/12 673.92 37.79 636.13 5,031.86

    10 10/1/12 673.92 33.55 640.37 4,391.49

    11 11/1/12 673.92 29.28 644.64 3,746.85

    12 12/1/12 673.92 24.98 648.94 3,097.91

    13 1/1/13 673.92 20.65 653.26 2,444.65

    14 2/1/13 673.92 16.30 657.62 1,787.03

    15 3/1/13 673.92 11.91 662.00 1,125.03

    16 4/1/13 673.92 7.50 666.42 458.61

    17 5/1/13 461.67 3.06 458.61 0.00

    Rounding OnRounding On

    http://www.vertex42.com/ExcelTemplates/loan-amortization-schedule.htmlhttp://www.vertex42.com/ExcelTemplates/loan-amortization-schedule.html