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Excel Magic Trick 515: Amortization Table Pay Off Early & Trouble Shoot Formula Creation

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Uploaded by on Feb 21, 2010

See how to create an amortization table that will update when you pay extra principal so that loan is paid off early. See how to make changes to a template, get into trouble, then trouble shoot your way out of it so that you can fix the template. See how to Trouble Shoot Formula Creation.

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Uploader Comments (ExcelIsFun)

  • IS THAT A DOLLAR SIGN?? PLEASE TELL ME

  • Your question is not clear.

  • @ExcelIsFun because sir i noticed that when you are typing the formulas. instead of D1 but D$1

    and i dont get it.....i dont know how to make formula in excel

    but happily i am the one who got the highest score among my classmates in ammortizations. haha. but i am still a first year commerce student.it is still basic...

  • If you wnat to learn more about cell references, search for "Excel Mixed Cell References" and you will see i have many videos on this topic...

  • @ExcelIsFun thanks !!!!

  • You are welcome!

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All Comments (13)

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  • Thank you for all your videos.

    How can I create an amortization schedule to compare pay off times and interest savings by making payments on a bi weekly basis rather than monthly basis?

  • Try asking Excel questions at the best Excel question site around:

    mrexcel[dot]com/forum

    It is easier to post Excel solutions at this site (YouTube Comments don't allow us to do much)

  • What if You were pay a different payment every month and also have lump sum payments here and there?

  • You are welcome!!

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