L
Laurie-Earl''sGirl
I am selling a home on contract for $132,900 with monthly payments of $1115
paid at 8% interest over 20 years. Start Date May 1, 2007. First payment due
June 1, 2007. Balloon payment due June 1, 2008. I need to create a
spreadsheet that will track the payments and calculate the intrerest and
credit the payment based on the date that I receive the payment. The payment
will be credited to the interest first and then principal.
Can anybody help me?
paid at 8% interest over 20 years. Start Date May 1, 2007. First payment due
June 1, 2007. Balloon payment due June 1, 2008. I need to create a
spreadsheet that will track the payments and calculate the intrerest and
credit the payment based on the date that I receive the payment. The payment
will be credited to the interest first and then principal.
Can anybody help me?