Amortization Calculator Bret Whissel (2024)

1. Amortization Calculator

  • More on Amortization

  • Bret's mortgage/loan amortization schedule calculator: calculate loan payment, payoff time, balloon, interest rate, even negative amortizations.

2. Calculator – Bret's Blog

  • The Amortization Calculator · A Loan and Mortgage Excel Spreadsheet · Blog posts on calculator modifications · Frequently Asked Questions (FAQ) · More Information ...

  • I wrote the amortization calculator for my own use around 1986. I re-wrote it for use on the Web in 1994, running on a webserver in the FSU Meteorology Department. This site became its new home in 2008.

3. [XLS] Amortization Schedule - Bret Whissel's Website

  • To see the amortization schedule, click on the "Amortization Schedule" tab below. ... Version 1.0, released on June 22, 2010. 24, Bret's Amortization Calculator.

  • ÐÏࡱá > þÿ ¨ þÿÿÿ þÿÿÿ Œ  Ž   ‘ ’ “ ” • – — ˜ ™ š › œ  ž Ÿ   ¡ ¢ £ ¤ ¥ ¦ § ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ þÍɀ á °Á â \ p Bret Whissel B °a À = œ ¯ ¼ = µJŠ*8 X@  " · Ú 1 È  S a n s 1 È ¼ S a n s 1 È ÿ S a n s 1 È  S a n s 1 ð ¼ S a n s 1 È  S a n s 1 È $  S a n s 1 È ¼ S a n s 1 ´  S a n s 1    S a n s 1   ¼ S a n s 1 Ü ¼ S a n s 1 Ü ¼ S a n s 1 ¼ S a n s 1 ´  S a n s "$"#,##0_);\("$"#,##0\)! "$"#,##0_);[Red]\("$"#,##0\)" "$"#,##0.00_);\("$"#,##0.00\)' " "$"#,##0.00_);[Red]\("$"#,##0.00\)7 * 2 _("$"* #,##0_);_("$"* \(#,##0\);_("$"* "-"_);_(@_). ) ) _(* #,##0_);_(* \(#,##0\);_(* "-"_);_(@_)? , : _("$"* #,##0.00_);_("$"* \(#,##0.00\);_("$"* "-"??_);_(@_)6 + 1 _(* #,##0.00_);_(* \(#,##0.00\);_(* "-"??_);_(@_) ¤ d\-mmm\-yyyy ¥ "$"#,##0.00 ¦ "$"0.00 § yyyy\-mmm\-dd ¨ 0.0...

4. Amortization Calculator – Bret's Blog

  • Nov 18, 2023 · Well, I've taken a little time to work up a basic amortization spreadsheet. It doesn't have all the calculation options that the web calculator ...

  • Posted on November 18, 2023

5. Amortization Calculator – Page 2 – Bret's Blog

  • In responding to a question in blog comments about rate-finding, I noticed that the calculator didn't behave well if the Payment Amount could not pay off the ...

  • Posted on July 30, 2008

6. [PDF] Mortgage/Loan Calculator with Amortization Schedule

7. Free Home Mortgage Calculator - Humboldt County Real Estate

  • ... Amortization Schedule. This loan calculator is written and maintained by Bret Whissel. See Bret's Blog for help, a spreadsheet, derivations, calculator news ...

  • Our free, quick and easy home mortgage calculator loads quick, has we don't send any pesky loan agents after you when you use it.

8. Feature Requests – Bret's Blog

  • 93 Replies to “Feature Requests”. Bret Whissel says: ... Bret – Love the Amortization Calculator. Thanks ... Can you create a standalone version of this calculator?

  • Like Angidileet, I have set a goal of doubling my principal payment each month. Since my total minimum monthly payment (principal interest AND escrow) is fairly small, it’s likely my income will grow to the point where I can afford to double that payment (more or less what the last payment would be under such a scenario, with some variation to account for the escrow).

9. Questions – Bret's Blog

  • ... amortization schedule no longer appears keep trying but will not work need help. $40,450.00 4.00% payment $750.00. Log in to Reply. Bret Whissel says: April ...

  • Bret,

10. Program Bugs – Bret's Blog

  • I calculated the amortization schedule on $200,000.00 payable in 3 annual payments at 3.00% using your calculator. The total interest was $4,013.27. When I ...

  • Bret, First of all, I’ve relied on your amortization calculator for years. Thank you. I wouldn’t call this a bug — the calculator calls the amount of the loan Principal. That seems to be the opposite meaning. I’d call it the Loan Amount.

11. Bret Whissel's Website -- Curiosities of a Rambling Mind

  • Bret Whissel headshot. Bret Whissel's Website ... If you reached this page from a web search, you were probably looking for my amortization calculator, which ...

12. Bret whissel amortization calculator - Tenney

  • Oct 6, 2010 · This link takes you to an amortization calculator, created by Bret Whissel, which will give you an amortization schedule and other repayment ...

  • .bret whissel amortization calculator. This calculator was written by Bret Whissel. References " Balloon Loan Definition," From www. Offers a schedule amortization calculator for loan, bo…

13. Calculator Web Page Redesign – Bret's Blog

  • Posted on November 18, 2023 by Bret Whissel. Calculator Web Page Redesign ... I published a new responsive design of the amortization calculator pages which ...

  • Posted on November 18, 2023 by Bret Whissel

14. Mortgage amortization table – SQLServerCentral Forums

  • http://www.calcxml.com/calculators/mortgage-calculator ... http://bretwhissel.net/cgi-bin/amortize · http ... http://www.calculators4mortgages.com/mortgage- ...

  • Mortgage amortization table Forum – Learn more on SQLServerCentral

15. [DOC] Task: What is the True Cost of Purchasing an Automobile? - OSPI

  • ... calculator, spreadsheet program, Internet. Example of Online Amortization Calculator: http://bretwhissel.net/cgi-bin/amortize. About the Common Core State ...

16. Bret's Blog – Curiosities of a Rambling Mind

  • Nov 18, 2023 · I published a new responsive design of the amortization calculator pages which now scale better for smaller screen sizes. For now, the color ...

  • Posted on November 18, 2023

17. [PDF] Mariposa County

  • Amortization Calculator Output. Page 1 of 3 ... This calculator was written by Bret Whissel. ... Amortization Calculator Outpu+. 8. 4778.33 14092.29 33195.02 ...

18. [PDF] 1302 - Street Sweeper Interfund Loan.pdf - City of Dayton, WA

  • Mortgage/Loan Calculator with Amortization Schedule. Loan Amortization ... This loan calculator is written and maintained by Bret Whissel. See Bret's ...

19. where can i get free amortization downloads - Spiceworks Community

  • Apr 28, 2010 · Use this Amortization Schedule Calculator to estimate your monthly loan or mortgage repayments, and check a free amortization chart. bretwhissel ...

  • i need amortization tables

20. IOER Resource Search

  • www.bretwhissel.net. Finance. Created 2/2/2013 ... Amortization and depreciation ... Loan Payment Calculator.

  • #IOER, Illinois Open Educational Resources, STEM, #STEM

21. [PDF] Startup

  • Loan Amortization Calculator. Almost any data field on this form may be ... This loan calculator is written and maintained by Bret Whissel. See Bret's ...

22. Solo 401k Loan Calculator - Sense Financial

  • ... loan payments on schedule. Amortization Calculator. Learn how you can be ... Bankrate Calculator, Calculator.net, Bretwhissel Calculator,or Financial Calculators.

  • Solo 401k Loan Caluculator Calculates Your Loan Interest Payments from Sense Financial. Learn about Solo 401k.

23. — Εσύ δε φελάς. - Loan amortization calculator bret whissel | Facebook

  • Nov 28, 2013 · Loan amortization calculator bret whissel's post. Loan amortization calculator bret whissel. Nov 28, 2013󰞋󱟠.

  • See posts, photos and more on Facebook.

24. [PDF] tf/f - KY PSC

  • Dec 28, 2018 · Mortgage/Loan Calculator with Amortization Schedule. Loan Amortization ... This loan calculator is written and maintained by Bret Whissel. See ...

Amortization Calculator Bret Whissel (2024)

FAQs

What is the easiest way to calculate amortization? ›

To calculate amortization, first multiply your principal balance by your interest rate. Next, divide that by 12 months to know your interest fee for your current month. Finally, subtract that interest fee from your total monthly payment.

How do you calculate amortization value? ›

There is a mathematical formula to calculate amortization in accounting to add to the projected expenses. Amortization of an intangible asset = (Cost of asset-salvage value)/Number of years the asset can add value.

How to solve amortization problems? ›

Amortization Formula
  1. PMT=P⋅(rm)[1−(1+rm)−mt]
  2. P is the balance in the account at the beginning (the principal, or amount of the loan)
  3. r is the annual interest rate in decimal form.
  4. t is the length of the loan, in years.
  5. m is the number of compounding periods in one year.
May 26, 2022

Can I make my own amortization schedule? ›

It's relatively easy to produce a loan amortization schedule if you know what the monthly payment on the loan is. Starting in month one, take the total amount of the loan and multiply it by the interest rate on the loan. Then for a loan with monthly repayments, divide the result by 12 to get your monthly interest.

What is the most commonly used method of amortization? ›

The most common way to do so is by using the straight line method, which involves expensing the asset over a period of time.

Is there an Excel formula for amortization? ›

The beginning loan amount changes each month since a portion of the principal balance is being repaid as part of the monthly payment. Alternatively, we can use Excel's IPMT function, which has the following syntax: =IPMT(rate, per, nper, pv, [fv], [type]).

How to calculate amortised cost of a loan? ›

Amortised cost model
  1. (1)the amount at which the instrument was initially recognised;
  2. (2)MINUS any repayments of principal;
  3. (3)PLUS or MINUS cumulative amortisation, using the effective interest method, of the difference between the initial recognition amount and the maturity amount, and any fees or transaction costs;

How do you calculate effective amortization? ›

Interest expense is calculated as the effective-interest rate times the bond's carrying value for each period. The amount of amortization is the difference between the cash paid for interest and the calculated amount of bond interest expense.

How do you calculate total interest paid on an amortized loan? ›

Formula for calculating amortized interest

Here's how to calculate the interest on an amortized loan: Divide your interest rate by the number of payments you'll make that year. If you have a 6 percent interest rate and you make monthly payments, you would divide 0.06 by 12 to get 0.005.

How to make an amortization table by hand? ›

The first column will be “Payment Amount.” The second column is “Interest Rate,” and it's optional if you're using a pen and paper. The third column is “Remaining Loan Balance.” The fourth column is “Interest Paid.” “Principal Paid” is the fifth column, and “Month/Payment Period” is the sixth and last column.

Does paying extra principal change amortization schedule? ›

Paying a little extra towards your mortgage can go a long way. Making your normal monthly payments will pay down, or amortize, your loan. However, if it fits within your budget, paying extra toward your principal can be a great way to lessen the time it takes to repay your loans and the amount of interest you'll pay.

How to calculate monthly payment on a loan? ›

The formula is: M = P [ i(1 + i)^n ] / [ (1 + i)^n – 1], where M is the monthly payment, P is the loan amount, i is the interest rate (divided by 12) and n is the number of monthly payments.

Which three methods are used to calculate amortized cost? ›

There are generally three methods for performing amortized analysis: the aggregate method, the accounting method, and the potential method. All of these give correct answers; the choice of which to use depends on which is most convenient for a particular situation.

How do you calculate simple interest amortization? ›

Formula for calculating simple interest

You can calculate your total interest by using this formula: Principal loan amount x interest rate x loan term = interest.

What is better 25 or 30-year amortization? ›

Deciding between a 25-year and a 30-year mortgage amortization comes down to balancing short-term financial relief with long-term financial goals. If your priority is minimizing monthly expenses and maximizing flexibility, and you are comfortable with higher total interest costs, then a 30-year term may be preferable.

What is amortization easily explained? ›

Amortization is an accounting technique used to periodically lower the book value of a loan or an intangible asset over a set period of time. Concerning a loan, amortization focuses on spreading out loan payments over time.

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