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Updated about 5 years ago on . Most recent reply

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13
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Trish Giassa
6
Votes |
13
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Amortization schedule help needed

Trish Giassa
Posted

Hello! 

I hold a small mortgage and the borrower just made a payment to principal. 

Now I need to update the amortization schedule but have no idea how to do that without changing the payment amount.  

Can anyone help me with this?

TIA!  Trish

Most Popular Reply

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1,472
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Todd Rasmussen
  • Rental Property Investor
  • Clarksville, TN
1,411
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1,472
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Todd Rasmussen
  • Rental Property Investor
  • Clarksville, TN
Replied

Depends on how the schedule is being calculated. Are you using excel?

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