How you track these payments and fit them into your overall budget can be a challenge, unless you have a process and the right calculation to follow.įortunately, an amortization schedule can provide you with the exact amount due over the life of your loan and Excel can create this through various formulas. If you’ve taken out a loan or plan to do so in the future, you are committing yourself to making certain payments to the lender.
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An Excel loan amortization schedule template can help you plan your loan repayment.
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