I'm trying to set up an excel sheet that will help with some loan calculations. Basically, I want to be able to enter the Loan Amount, the annual interest rate, and the total monthly payment--then have a sheet that lists out the full cost of the loan and the total length of time it will take to pay off.
I have been trying to find an excel template (or even an online tool) but have had no luck.
Thanks for the help. -- "He is no fool who gives what he cannot keep to gain what he cannot lose." - Jim Elliott