Comments

1. swalve says:
   December 7, 2007 at 1:16 am

   Welcome to 1982!
2. LSonnenhimmer says:
   December 7, 2007 at 2:28 am

   well, if you already are mentioning excel and interest rates….
   I have found the every single excel installation I have seen has a template to calculate an amortization schedule. Very useful in see (visually) the effect the rate has on your home loan.

   Open a new template in excel and then switch the tab from general to spreadsheet solution, then click loan amortization.

   Have fun playing with the numbers.
   TIP: the ‘extra payment’ option is also quite useful for the frugal