You also need to divide the rate (the Annual Rate) by 12 to fit the monthly payment schedule.
HTH,
Bernie
MS Excel MVP
"Gary L Brown" <gary_brown@ge_NOSPAM.com> wrote in message
news:AC721FF0-D89B-45AF-AC64-(E-Mail Removed)...
> Example...
> Change the Length of Loan period from 30 years to 360 months.
>
> HTH,
> --
> Gary Brown
> gary_brown@ge_NOSPAM.com
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>
> "Barbara" wrote:
>
>> I would like to change the loan period in an amortization schedule from years
>> to months. Any sugestions on how to do this in a template that was
>> downloaded?