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20:06
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Loan Amortization: Calculating Mortgage Payments and Balloon Payments (Using Excel)
This video shows how you can use MS Excel to (a) determine your fixed monthly payment on a loan, (b) construct a complete amortization schedule and (c) determine the balloon payment to retire the loan early. All of these aspects are discussed using a fairly realistic example of an auto-loan. Google Sheet: https://docs.google.com/spreadsheets/d ...
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