change the payment period of amortization schedule

  • Thread starter Thread starter Guest
  • Start date Start date
G

Guest

I have downloaded the template for the loan amortization schedule and entered
all my data, but the template will not accept partial year loans. for
example, I am trying to make a schedule for 14.5 years or 174 months. How do
I change it to monthly terms? or change it so it will accept half years?
 
adjust the formula so it works on a monthly basis and adjust the rate of
interest to reflect months instread of annual.
 
Back
Top