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Excel Assistance: Loan Worksheet *Please provide full formula solutions for each column. **Full information below Loan Analysis Worksheet Purchase Price $500,000 Number of Compounding Periods/year
Excel Assistance: Loan Worksheet
*Please provide full formula solutions for each column.
**Full information below
Loan Analysis Worksheet | ||||||||||
Purchase Price | $500,000 | |||||||||
Number of Compounding Periods/year | 4 | |||||||||
Optional Balloon Payment | $ 20,000 | |||||||||
Option# | Down Payment | Nominal Interest Rate/yr | Duration (yrs) | Points | Fees | Loan Value | Monthly Payment | Actual Amount Borrowed | APR | Payment with Balloon |
1 | 20% | 4.90% | 30 | 3 | 375 | |||||
2 | 10% | 5.25% | 30 | 3 | 375 | |||||
3 | 5% | 5.75% | 30 | 3 | 375 | |||||
4 | 0% | 6.25% | 30 | 3 | 0 | |||||
5 | 20% | 5.50% | 30 | 1 | 0 | |||||
6 | 10% | 6.00% | 15 | 0 | 350 | |||||
7 | 5% | 6.50% | 15 | 0 | 350 | |||||
Private loan (1) annual rate: | ||||||||||
Private loan (2) duration: | ||||||||||
CD value enough for down payment: |
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