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Loan interest calculation

  1. #1
    Registered User
    Join Date
    01-04-2013
    Location
    st. Louis, MO
    MS-Off Ver
    Excel 2003
    Posts
    1

    Loan interest calculation

    How can I make a comparision table to see how much paying a loan weekly vs paying it monthly will save. The amount is 18,000, and the term is 72 months. I haven't been able to tweek the pmt function how I want.

  2. #2
    Valued Forum Contributor
    Join Date
    09-10-2012
    Location
    Los Angeles, CA
    MS-Off Ver
    Excel 2010
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    929

    Re: Loan interest calculation

    Hi yoyo99,

    Is this what you are looking for?

    Let me know...

    Dennis
    Attached Files Attached Files

  3. #3
    Valued Forum Contributor
    Join Date
    11-20-2012
    Location
    Seattle, WA USA
    MS-Off Ver
    Excel 2010
    Posts
    597

    Re: Loan interest calculation

    looks correct to me, simple and neat, good job djapigo

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