Know at a glance your balance and interest payments on any loan with this loan calculator in Excel. Just enter the loan amount, interest rate, loan duration, and start date into the Excel loan calculator, and it will calculate each monthly principal and interest cost through the final payment. This template comes with amortization table as well which makes it even more easier to understand the spread of the loan over the period of time.
Great for both short-term and long-term loans, the loan repayment calculator in Excel can be a good reference when considering payoff or refinancing. Download this Excel loan calculator and take charge of your financial obligations.