The Ultimate Amortization Calculator: Step-by-Step Guide for RE Investors
In this episode, Nick Baldo delves into creating a loan amortization schedule using Excel for real estate deal analysis. He covers everything from understanding the present value and monthly payment, to adjusting principal payments based on loan balance. The episode also explores visual representation of loan data and concludes with resources available at Income Digs.
Key Points
- Nick Baldo demonstrates how to create a loan amortization schedule in Google Sheets, detailing the process of calculating monthly payments, interest, principal, and adjusting for additional payments.
- The tutorial includes how to use built-in functions and formulas in Google Sheets to handle various loan terms and conditions, such as additional principal payments and ad hoc payments, to see their impact on the loan payoff schedule.
- Listeners are offered a free downloadable template of the loan amortization schedule on the Income Digs website, which they can customize and use for their own real estate investment analysis.
Real Estate Accounting: https://www.youtube.com/playlist?list=PL89qBCL2vU2sab5dEzpwJTZi0zTLjCDXJ Real Estate loans always come with an amortization calculator. This video dissects the calculator as I show you step-by-step how to create and customize a loan amortization schedule in Google Sheets or Excel. Download the free template here: http://bit.ly/amortizationcalc
Enroll to Real Estate Accounting Bootcamp: http://bit.ly/reabcourse (Enter Code YOUTUBE50 for $50 off!) Join the Waitlist for Builder Books Academy: https://www.incomedigs.com/bba-wait-list Enroll to Super VA: https://www.incomedigs.com/sva
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Transcript
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