Mortgage Calculator Excel Information

Mortgage Calculator Excel Posts

Mortgage Calculator Excel Posts in Questions

How do I set up a mortgage calculator in Excel? What I would like to do is have 4 different fields, one each for the principal, interest rate, number of payments, and monthly payment. I'd then like to change ANY of the 4 fields, leaving one blank, and have Excel calculate whatever the missing variable happens to be in the last remaining field. How can I do this? Thanks!

striving4A1 replied: "Try putting this question in the computer section. The techies should definitely have an answer for you there."

Dale H replied: "I don't know how often you need to solve for loan amount using rate, term and payment, but this simple calculator would allow you to vary three of the four variables. I will look for guidance on excel and re-post if I find anything useful."

nationw1de replied: "Excel uses different functions to calculate those different variables i.e. pmt for payment, rate for rate, pv for principal and nper for number of payments. It will require 4 different calculations. I believe this is what you're looking for "

I need an excel mortgage calculator for doing 80/10/10 loans. Does anyone know where I can download 1 4 free? I am a new investor in rental properties and would like to do my own mortgage calculations for potential properties.

SouthJerseyGuy replied: "I would Google different combinations of the following terms, eliminating or adding some with each search: mortgage calculator 80/10/10 excel .xls (MS Excel's primary file type)"

jgmeier93592001 replied: "You can check on Microsoft.com for preformated excel spread sheets for mortgage calculators. There is a few that you can choose from that will allow you to customize the format to what your looking for. I have used them a few times for examples to my clients. Hope this helps."

tomthemortgageguy replied: "Sounds to me like you need to buy The Mortgage Coach.... Go to and no I am not a dealer...."

The MortgageGuy replied: "How on earth can you accurately calculate a mortgage note for someone? Can you pull there credit? If you know there score what rate can you give them? Who do you know that can give that rate? What term will you go? Whats the best rate for there term? You sound like a Realtor giving a payment? I don't mean to fuss at you,but if you contact a mortgage broker he can at least give you a better idea of what a true payment will be."

Need formula on MS Excel to make amortization calculator? i'm making a chart of 36 payments (rows 1-36) so i need to make each column for payment (column A), interest (column B), principle (column C) and balance (column D). I just want to input the loan amount in one cell and get a result for the interest paid, principle paid and balance for all 36 payments. If you dont understand visit This is what i'm trying to make on excel

HandyDan replied: "Why reinvent the wheel? There are a number of free EXCEL loan amortization templates available. Here is one from Microsoft: "

nospamcwt replied: "This will do it: By the way, it's 360payments (30 x 12), not 36. If you use 36 monthly payments, the payment amount jumps to $4,700.45"

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