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mortgage calculator

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futbwal15

IS-IT--Management
Jan 12, 2007
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i need some major help here please. i need to create a mortgage calculator in excel when the user inputs the value of the mortgage, annual rate, loan duration, balloon payment, and number of pay periods a year. then i need to calculate the total payment of the mortgage. any ideas here?????? be specific please.
 



Hi,

Check out the PMT and PPMT functions.

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In Excel, go to File, New. Under Templates choose "On my computer". "Spreadsheet solutions" tab.

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