The Amortization Schedule for Excel helps provide the basic information needed to justify major financial decisions. These expensive purchases can have profound effects on the financial portfolio. The free Amortization Schedule calculator for Excel can help identify the differences each option can have based on the actual costs over time.

Easy to Use

The Amortization Schedule is simple. The user easily plugs in their own loan amount, terms and interest rate. The schedule appears instantly. All of the variables can be changed individually or only change one at a time to see the impact of each. This is helpful when negotiations are underway, the user can plug in numbers to see which deal will be the best for the given situation. If the user wants to pay extra payments over the course of the term, simply enter these amounts to see how this will affect the end costs. Conversely, if payments are skipped the impact can also be calculated. Select to view the results in whole dollars or nearest cent for easier viewing.