Free Loan Amortization Schedule 1.0
Free Loan Amortization Schedule 1.0ADVERTISEMENTS
Author : ConnectCode Pte Ltd
OS : Windows2000,WinXP,Windows200...
Free loan amortization schedule license : Freeware (Price: free)
Added date : 22. September 2009
Release date : 22. September 2009
Download page : Get it Here!
Download Size : 94 kBytes
Publisher URL: http://www.spreadsheetml.com
Free Loan Amortization Schedule 1.0 details:
When a lender like a bank extends a loan to a borrower, provisions will be made for the borrower to repay the loan amount some time in the future or in parts periodically. At the same time, the lender will expect to receive interests from the borrower as a reward of undertaking the risk to lend out the money. When the loan amount is repaid by parts over a certain amount of time, the loan is called an amortized loan.
A borrower will typically be interested in knowing how much he will have to pay periodically if he takes up a loan of a certain amount over a certain period of time. Other information like how much total interest he will have to incur, the total principal loan amount outstanding at a specific point in time and whether he will be able to afford the loan if he shorten the total loan period will also be of interest to the borrower. All these information can be easily illustrated using a Loan Amortization Schedule.
This Free Loan Amortization Schedule Excel spreadsheet can be used to easily generate a complete Loan Amortization Schedule.
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Free Loan Amortization Schedule freeware is copyrighted computer software which is made available free of charge, as opposed to shareware where the user is required to pay. The only Free Loan Amortization Schedule 1.0 criterion for being classified as "freeware" is that the software must be made available at no cost.