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You can ask your lender for an amortization schedule, but this might not be as helpful if you're looking to see how extra payments could impact that schedule.
Fortunately, Excel can be used to create an amortization schedule. The amortization schedule template below can be used for a variable number of periods, as well as extra payments and variable interest rates.
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The indepth Watch Me Build is a 25 minute behemoth, showing you how to build a more complex, dynamic amortization table in Excel. Use this free Virginia mortgage calculator to estimate your monthly mortgage payments and annual amortization.Microsoft Excel Mortgage Caculator XLS Worksheet.
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