How to Create a Mortgage Calculator With Microsoft Excel Islip NY

An article describing how to create an Excel spreadsheet that calculates the monthly payment needed to pay off the loan and the total cost of the loan, assuming a constant yearly rate. The spreadsheet displays a table showing how much of the monthly payment is applied to interest and to principle. The workbook is also flexible enough to show how the loan and subsequent payments are affected if any extra money is put against the principle.

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Jeffrey Lewis, CFP, ChFC
7 White Deer Court
Huntington, NY
Mr. Michael J. Goldsmith (RFC®), LUTCF
516 541 0111
549 Broadway Street Suite 201
Massapequa, NY
Mr. Richard A. Fallica (RFC®), CEP
631 979 6161
P.O. Box 728
Smithtown, NY
Creditline Financial Services Inc
(631)981-5500
90 13 Av
RONKONKOMA, NY
Continental Home Loans Inc
(631) 549-8188
175 Pinelawn Rd Ste 400
Melville, NY
Select Services Abstract Inc
(631)724-8000
5 Frank
Smithtown, NY
Mr. Michael H. Fliegelman (RFC®), CHFC, CLU
631 806 3568
5 Harborfields Ct
Greenlawn, NY
Mr. Albert F. Coletti (RFC®), CHFC, CLU
631 979 6161 x102
P.O. Box 728
Smithtown, NY
Washington Mutual
(516)797-5130
Sunrise Mall Sunrise
MASSAPEQUA, NY
1ST New York Mortgage
(800)734-7743
One Schwab Road Suite 6
MELVILLE, NY
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