Impact of rising interest rates
In this example, the interest rates will rise by 0.25% every month, while the payment as calculated by the PMT() function remains the same.
To calculate the correct closing balance, you will need to manually calculate the interest and principal balances every month.
Will there be negative amortization that will result in the loan never being paid off?
Questo esercizio fa parte del corso
Loan Amortization in Google Sheets
Istruzioni dell'esercizio
- Enter the correct interest payments in column
Ifor every month on the loan, using the annual new interest rate in columnH. - Enter the monthly principal repayments in column
J.
Esercizio pratico interattivo
Passa dalla teoria alla pratica con uno dei nostri esercizi interattivi
Inizia esercizio