How Do You Create A Loan Amortization Schedule? - Nairaland / General - Nairaland
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I Need A Loan Of 70,000 Naira With A Laptop As Collateral (2) (3) (4)
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| How Do You Create A Loan Amortization Schedule? by alex145: 9:43pm On May 08, 2022 |
It's relatively easy to produce a loan amortization schedule if you know what the monthly payment on the loan is. Starting in month one, take the total amount here of the loan and multiply it by the interest rate on the loan. Then for a loan with monthly repayments, divide the result by 12 to get your monthly interest. |
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