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change loan periods in an amortization schedule

  1. #1
    Barbara
    Guest

    change loan periods in an amortization schedule

    I would like to change the loan period in an amortization schedule from years
    to months. Any sugestions on how to do this in a template that was
    downloaded?

  2. #2
    Gary L Brown
    Guest

    RE: change loan periods in an amortization schedule

    Example...
    Change the Length of Loan period from 30 years to 360 months.

    HTH,
    --
    Gary Brown
    gary_brown@ge_NOSPAM.com
    If this post was helpful, please click the ''Yes'' button next to ''Was this
    Post Helpfull to you?''.


    "Barbara" wrote:

    > I would like to change the loan period in an amortization schedule from years
    > to months. Any sugestions on how to do this in a template that was
    > downloaded?


  3. #3
    Bernie Deitrick
    Guest

    Re: change loan periods in an amortization schedule

    You also need to divide the rate (the Annual Rate) by 12 to fit the monthly payment schedule.

    HTH,
    Bernie
    MS Excel MVP


    "Gary L Brown" <gary_brown@ge_NOSPAM.com> wrote in message
    news:[email protected]...
    > Example...
    > Change the Length of Loan period from 30 years to 360 months.
    >
    > HTH,
    > --
    > Gary Brown
    > gary_brown@ge_NOSPAM.com
    > If this post was helpful, please click the ''Yes'' button next to ''Was this
    > Post Helpfull to you?''.
    >
    >
    > "Barbara" wrote:
    >
    >> I would like to change the loan period in an amortization schedule from years
    >> to months. Any sugestions on how to do this in a template that was
    >> downloaded?




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