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Loan with Payment Holidays in the middle of the schedule

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    Lightbulb Loan with Payment Holidays in the middle of the schedule

    Hello all,

    I am looking for a way of calculating a loan schedule when payment holiday instalments are added during the loan lifecycle (not at the beginning of the loan).
    Ex: loan is disbursed on 01.01.2024 with first repayment date on 01.02.2024, 01.03.2024 ...etc
    Payment holiday is added for the second instalment (01.03.2024).

    I need to see how the Total due and interest amounts are calculated for the remaining 10 instalments.

    Thank you! I really appreciate your help.

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    Re: Loan with Payment Holidays in the middle of the schedule

    Welcome to the forum.

    There are instructions at the top of the page explaining how to attach your sample workbook (yellow banner: HOW TO ATTACH YOUR SAMPLE WORKBOOK). Screenshots are of little practical use as we cannot manipulate them.

    A good sample workbook has just 10-20 rows of representative data that has been desensitised. The sample layout accurately matches that of your real data. It also has expected results mocked up, worked examples where required, relevant cells highlighted and a few explanatory notes.

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    Thanks.
    Ali


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