I'm pretty good with Excel, but an amortization schedule would be a bit beyond me. I've found a few spreadsheet templates for amortization tables, but none of them have really covered all of the things I need. My mom is a realtor and was showing me how amortization tables work, and that seemed like a really powerful way to see the effect that making extra payments early on has against the total cost of the loan.
I'm about to buy my first house, and will be taking out a mortgage loan. Here, please treat others with respect, stay on-topic, and avoid self-promotion.Īlways do your own research before acting on any information or advice that you read on Reddit. Get your financial house in order, learn how to better manage your money, and invest for your future. Banking Megathread: FDIC, NCUA, and your cash.Private communication is not safe on Reddit. Scam alert: Ignore any private messages or chat requests.
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