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MS Office Forum / Excel / New Users / June 2007

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insurance / loan calculator

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Ryan Young - 25 Jun 2007 00:55 GMT
I am looking for a calculator template that will allow me to calculate the
amortization for a line of credit where the starting balance would be $0 and
increased by $3000 per year (annual payment), interest rate of 7%, term of
up to 30 years. I would like it to calculate what that line of credit would
be with no payments made or have small payments made.  Does this make any
sense?  Thanks.
Paul Ballou - 25 Jun 2007 16:24 GMT
http://office.microsoft.com/en-us/templates/default.aspx
try a search here
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Paul Ballou
MVP Office
http://office.microsoft.com/home
http://www.freeserifsoftware.com/
http://www.ballousgiftshop.com

>I am looking for a calculator template that will allow me to calculate the
>amortization for a line of credit where the starting balance would be $0
>and increased by $3000 per year (annual payment), interest rate of 7%, term
>of up to 30 years. I would like it to calculate what that line of credit
>would be with no payments made or have small payments made.  Does this make
>any sense?  Thanks.

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