Description

Loan Amortization Schedule – Free

The Oak Business Consultant presents another dynamic financial template that helps estimate your business’s loan amortization schedule. It is an ideal template because it is easy to use, understand and track your accounts. This Loan Amortization Schedule – Free is a simple yet dynamic Loan Repayment Schedule calculator made by Oak Business Consultant for all Users. We created this FREE-of-cost Excel tool for ease and considered your needs.

Description:

This template presents the Loan Repayment Schedule creator, and for your understandability and ease of use, we feature it with comment boxes for each piece of information. Further, the comment boxes can be removed easily after understanding. Each Comment box explains how to calculate information that needs to be recorded in that cell, along with a positive or negative sign.

Moreover, We color-coded all the inputs into peach color to make them stand out. And the title of each input is self-explanatory. You only need to provide the required information:

• What is the amount of your loan?
• How many years is the loan for?
• The number of installments paid each year, and
• What is the interest rate per year?

The design is the signature of Oak Business Consultants and is pleasing to the eye.

We have linked and added formulas to make a Dynamic Excel Financial Model. And we protected the sheet so that you cannot make any undesirable changes by mistake.

Who Should Use this Loan Amortization Schedule model?

Anyone with even ZERO accounting knowledge who wishes to create the loan Repayment Schedule without anyone’s help can easily use this Loan Repayment Schedule model for FREE. Yes, FREE!

Moreover, this Loan Amortization Schedule model is self-explanatory, and the comment boxes explain how to fill in the required information. It is also dynamic, and when you update the inputs, the model will do the rest for you.

You can delete or hide the comment boxes. Just right-click the cell containing the comment and click “show/hide Comment” or “delete the comment.”