Student Loan Payoff Calculator Excel Template

This calculator provides the same functionality as the downloadable student loan amortization table above but for multiple student loans.

Student loan payoff calculator excel template. Using our basic student loan calculator you d be able to quickly determine that you d owe approximately 454 each month over the repayment term. Let s say that you have a student loan for 40 000 and an interest rate of 6 5 and you plan to stick to a 10 year repayment plan. The author of the spreadsheet and the squawkfox blog kerry taylor paid off 17 000 in student loans over six months using this debt reduction spreadsheet. Use it to create an amortization schedule that calculates total interest and total payments and includes the option to add extra payments.

Just enter the loan amount interest rate loan period and start date and monthly principal and interest payments will be calculated for you through the final loan payment. This student loan calculator will help you estimate your monthly loan payments and also determine how quickly you can pay off your student loans. Get a handle on your student loans and a clear picture of what it will take to pay them off based on your estimated annual salary after graduation. To get started you ll need to know the current current loan balance interest rate and repayment term for each loan.

Calculate the payment required to pay off an auto or mortgage loan in one big chunk after a number of regular payments have been made. Enter the interest rate loan amount and loan period and see what your monthly principal and interest payments will be. This is an accessible template. More templates like this.

Loan amortization schedule stay on top of a mortgage home improvement student or other loans with this excel amortization schedule. Start by entering your creditors current balance interest rates and monthly payments to see your current total debt average interest rate and average monthly interest paid. Download edit in browser share. This is an accessible template.

Use this accessible simple loan calculator to create an amortization table and payment schedule for any type of loan. This loan calculator template generates a loan amortization schedule based on the details you specify. Simple loan calculator and amortization table.