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[Solved] Amortization schedule not calculated
Posted: Mon Jan 27, 2025 6:27 pm
by timlab55
I want to just get the monthly payment onto my budget sheet. When I copy and paste an amortization schedule to include it this is what I get:
Enter Values Loan Summary
Loan Amount $165,000.00 Scheduled Payment
Annual Interest Rate 5.990% Scheduled Number of Payments
Loan Period in Years 30 Actual Number of Payments
Number of Payments Per Year 12 Total Early Payments
Start Date of Loan 12/1/2024 Total Interest
Optional Extra Payments
I don't get the schedule payment, scheduled number of payments, and etc. Why not?
Thanks
Re: Problems with amortization schedule
Posted: Mon Jan 27, 2025 7:45 pm
by MrProgrammer
timlab55 wrote: ↑Mon Jan 27, 2025 6:27 pm
When I copy and paste an amortization schedule … I don't get the schedule payment, scheduled number of payments, and etc. Why not?
Impossible to say, since you did not indicate where you copied the schedule
from (some website which you have not revealed?), nor where you copied it
to (maybe Calc, maybe Writer, maybe elsewhere), nor did you
attach it for us to examine. We are not mind readers here. Attaching a
picture of the schedule will be worthless.
timlab55 wrote: ↑Mon Jan 27, 2025 6:27 pm
I want to just get the monthly payment onto my budget sheet
Perhaps these topics will help. A search of the forum for
Amortization will find numerous other topics.
[Solved] Amortisation Table
[Solved] Amortization spreadsheet
[Solved] Mortgage amortization, bi-weekly payments
For a debt of $165,000.00 repaid over 30 years at annual rate 5.990%, compounded monthly, the monthly payment can be calculated with formula
=ROUND(PMT(0.0599/12;30*12;-165000);2) as $988.20.
That's the amount you need for your budget sheet.
If you need
any additional assistance
attach a spreadsheet demonstrating the situation
(remove confidential information then use Post Reply, not Quick Reply, and don't attach a picture instead of the spreadsheet itself).
I will not help further unless you attach a spreadsheet document.
If this solved your problem please go to your first post use the Edit ✏️ button and add [Solved] to the start of the Subject field. Select the green checkmark icon at the same time.
[Tutorial] Ten concepts that every Calc user should know
Re: Problems with amortization schedule
Posted: Tue Jan 28, 2025 5:41 am
by timlab55
Sorry about not posting where I got the Loan Calculator from, but it's from OpenOffice Cal.
Again I'm sorry.
Dan