Basic Mortgage Amortization Table v1.0
- Covers the basics of building a mortgage amortization table
- Fully amortizing, 360 period mortgage loan
Frequently Asked Questions about Basic Mortgage Amortization Table v1.0
What does Basic Mortgage Amortization Table v1.0 include?
The Basic Mortgage Amortization Table v1.0 covers the fundamentals of creating a mortgage amortization table. It is designed for a fully amortizing loan with 360 periods (typically monthly payments over 30 years).
How many downloads has this tool received?
The Basic Mortgage Amortization Table v1.0 has been downloaded 1,776 times.
What type of loan does this amortization table apply to?
It applies to a fully amortizing mortgage loan with a 360-month (30-year) term, which is standard for residential mortgages.
Who is this tool intended for?
This tool is intended for individuals learning the basics of mortgage amortization, such as real estate students, early-career professionals, or anyone interested in understanding loan repayment structures.
Does this tool include advanced loan features?
No, this version focuses solely on the basics of amortizing a standard mortgage loan. It does not include advanced features such as interest-only periods, prepayments, or variable rates.