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This is a loan amortization spreadsheet for Excel. It is a tool to track loan amortization and find out how much will be paid in interest and how much will be paid in principal. It is a product created by Miffed By Taxes and used by many customers. It is not available on the Internet.
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This spreadsheet program is made using Excel technology. It is easy to understand, use and to make use of. It has all the features required for tracking loan amortization and finding out how much you need to pay.
To make use of the loan amortization spreadsheet, simply insert the required data for tracking loan amortization into the worksheet. The data can be inserted manually or automatically depending on your preferences.
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The worksheet also has a category where you can enter the terms you are applying for when you are applying for a loan. All the categories are listed according to the model that you are using. You can choose the model that best fits your requirements. This is important since most customers are going for semi-annual loans.
If you check the worksheet and enter the above terms, you will be able to find out if you need a secured loan or a non-secured loan. The worksheet will help you calculate the rate of interest and the payments you have to make as well.
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The worksheet will also help you determine the monthly payment. It will tell you the amount that you have to pay as interest every month and the payments that you have to make as well.
With the calculator, you can estimate the actual cost of the loan you want to apply for. If the cost is high, you may have to think of a way to reduce it so that you can afford to repay the loan.
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