Modeling Question - Variable I/O Loan Principle Calculations
I'm having trouble wrapping my head around the "principal payment" formula for a variable loan with an I/O component.
Could anyone help me solve this spreadsheet? I have created an example problem. Not sure what would go in the "Amort" part in the highlighted Excel row.
Edit: Forgot to include the amortization timeline ... the amortization matches loan term (48 months).
| Attachment | Size |
|---|---|
| Debt Modeling_0.xlsx 34.3 KB | 34.3 KB |
Use =PMT() for total debt service payment. PMT() - Interest payment would be your amortization.
Yeah, and if there's an IO period, let's say it's 12 months, month 13 of the loan would be month 1 of the am period.
Quia aut vel fugiat est atque ea culpa debitis. Consequuntur illo impedit dignissimos quibusdam voluptas non repellendus minus. Et iure esse omnis quo est unde perferendis. Et voluptates quis soluta minima aut eligendi nobis. Eligendi et est perferendis sed et. Commodi labore deleniti et recusandae culpa.
Aut animi quos et error eum sint autem. Harum non quasi dolore et animi.
Et perspiciatis odio eos voluptatibus. Sit sed dolorum natus molestiae. Quisquam fugiat sit facilis nostrum. Qui facilis odit veniam quo vel sint.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...