How to Create a Loan Amortization Table in Excel

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  • Опубліковано 7 сер 2024
  • Ryan O'Connell, CFA, FRM shows how to create a loan amortization table in Excel.
    Chapters:
    0:00 - Defining the Attributes of the Loan
    1:33 - Creating a Loan Amortization Table in Excel
    4:15 - Making Sense Out of the Loan Amortization Table
    💾 Download Free Excel File:
    ► Grab the file from this video here: ryanoconnellfinance.com/produ...
    🎓 Tutor With Me: 1-On-1 Video Call Sessions Available
    ► Join me for personalized finance tutoring tailored to your goals: ryanoconnellfinance.com/finance-tutoring/
    👨‍💼 Freelance Financial Modeling Services:
    ► Custom financial modeling solutions tailored for your needs: ryanoconnellfinance.com/freelance-finance-services/
    *Disclosure: This is not financial advice and should not be taken as such. The information contained in this video is an opinion. Some of the information could be wrong. This channel is owned and operated by Portfolio Constructs LLC

КОМЕНТАРІ • 39

  • @RyanOConnellCFA
    @RyanOConnellCFA  Рік тому +1

    💾 Download Free Excel File:
    ► Grab the file from this video here: ryanoconnellfinance.com/product/loan-amortization-table-template-in-excel/
    🎓 Tutor With Me: 1-On-1 Video Call Sessions Available
    ► Join me for personalized finance tutoring tailored to your goals: ryanoconnellfinance.com/finance-tutoring/
    👨‍💼 Freelance Financial Modeling Services:
    ► Custom financial modeling solutions tailored for your needs: ryanoconnellfinance.com/freelance-finance-services/

  • @giles5493
    @giles5493 8 місяців тому +2

    You're a life saver these videos are just the right length with all the detail needed

  • @simrandhanoa5770
    @simrandhanoa5770 7 місяців тому +1

    Thank you so much Ryan !
    I watched a few of these videos but for some reason, the drop-down wouldn't work, your method works. Simple and quick.

  • @85MA
    @85MA 6 місяців тому +1

    Could you please create tutorials on Interest-Only Loan Amortization Table and Variable Rate Amortization Table? It would be great if you could include options for payment periods such as monthly, annually, and semi-annually in a dropdown list. I appreciate your simple yet comprehensive teaching style. If possible, I would be grateful if you could upload these videos. Thank you in advance.

    • @RyanOConnellCFA
      @RyanOConnellCFA  6 місяців тому

      Thank you for the suggestion, I can look into making more complex loan amortization table videos in the future!

  • @ChakraAttack
    @ChakraAttack 4 місяці тому

    Thank you for the video! I'm an accounting student using it for a class project.
    Should the PMT type be set to 1 because the payments are due at the beginning of the period, making it an annuity due?

  • @mutalekasuba54
    @mutalekasuba54 Рік тому +1

    excellent video. Very helpful

  • @mutalekasuba54
    @mutalekasuba54 Рік тому +1

    thank you.

  • @gomezchris276
    @gomezchris276 2 роки тому +1

    Man I haven’t done an amortization table in years, feels weird to refresh my memory on this

    • @RyanOConnellCFA
      @RyanOConnellCFA  2 роки тому

      Haha I felt the exact same way making this video! But it really is a lot like riding a bike

  • @ra4872
    @ra4872 11 місяців тому +1

    How to calculate interest rate if i pay principal quarterly and interest monthly on a 12 month period loan? thanks

    • @RyanOConnellCFA
      @RyanOConnellCFA  11 місяців тому

      For a 1 year loan with quarterly interest payments the number of periods would only be 4. You would need to use a quarterly rate rather than a monthly rate. For a 1 year loan with monthly interest the number of periods would only be 12

  • @mutalekasuba54
    @mutalekasuba54 Рік тому

    how do you include time at start and the end of the period as well as graphs?

    • @RyanOConnellCFA
      @RyanOConnellCFA  Рік тому

      Could you please add more detail to what you mean by this question?

  • @pizzaandmeth4538
    @pizzaandmeth4538 2 роки тому +1

    Crazy,again just as I got past the loan part in FRA you make this video..You reading my mind bro?hahah

    • @RyanOConnellCFA
      @RyanOConnellCFA  2 роки тому +1

      Lol, now I'm going to have to start predicting your schedule ahead of time! Let me guess, equities next?

    • @pizzaandmeth4538
      @pizzaandmeth4538 2 роки тому +1

      @@RyanOConnellCFA Well on corporate finance now and was planning equities next,I'm sure by the time your done with the video I'll be there 😂

    • @RyanOConnellCFA
      @RyanOConnellCFA  2 роки тому +1

      @@pizzaandmeth4538 Haha good luck! I really haven't decided what topic to tackle next yet

    • @pizzaandmeth4538
      @pizzaandmeth4538 2 роки тому +1

      @@RyanOConnellCFA Great content either way,I enjoy CFA content being taught on excel like your doing.

    • @RyanOConnellCFA
      @RyanOConnellCFA  2 роки тому +1

      @@pizzaandmeth4538 Thank you, I really appreciate it! I've found a lot of the stuff is a lot easier to show and visualize in Excel and the videos in Excel seem to do well in terms of views too

  • @tanweerabbasabbas649
    @tanweerabbasabbas649 10 місяців тому +1

    thk u

  • @rawlishaanatol-sylvester6285
    @rawlishaanatol-sylvester6285 7 місяців тому +1

    How can i account for an extra payment made in this schedule??

    • @RyanOConnellCFA
      @RyanOConnellCFA  7 місяців тому

      To account for an extra payment in a loan amortization schedule in Excel, you can adjust the balance calculation to subtract the amount of the extra payment in the period it was made. This will reduce the remaining balance and consequently alter the interest and principal amounts in subsequent periods.

  • @mochallo
    @mochallo Рік тому

    why i my excel did not appear the values when drag it down 😭it appear the weird value, not the answer

  • @sayednab
    @sayednab 6 місяців тому

    the excel file is totally different than the file you are showing on your video?

    • @RyanOConnellCFA
      @RyanOConnellCFA  6 місяців тому

      Thank you so much for alerting me of this issue. The free download link is fixed now and is the file shown in the video

    • @sayednab
      @sayednab 6 місяців тому

      @@RyanOConnellCFA thanks Ryan! I was wondering, how do you make amortization with variable rates which changes on monthly basis. to be more precise, if it follows the LIBOR rate.?

  • @Xtrails206
    @Xtrails206 Рік тому

    Why isn't mine having 0 ending balance

    • @RyanOConnellCFA
      @RyanOConnellCFA  Рік тому

      You must have an incorrect formula somewhere a long the way. You should go back and double check each one to ensure that it is accurate