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Updated almost 10 years ago,
Interest Only Spread Sheet .... or Calculator
Does anyone have a Interest Only Amortization spread sheet to share:
I need to create / model financing scenarios based on interest only loan scenarios
With a known down payment, Loan Amount, Interest rate. The spread sheet would provide
i/o amortization. So I can calculate annual debt service, outstanding
monthly balances. Spread sheet or calculator.....
(preferably s/s, so I can improve my excel skills)
Ideally spread sheet could amortize for 20 - 25- 30 year / balloon in 5 or 10.
Appreciate the help.