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This is an excel problem. Could you also provide the cell equations if at all possible? Months remaining is 96 Basic Loan Financial Stress and

This is an excel problem. Could you also provide the cell equations if at all possible? Months remaining is 96

Basic Loan

Financial Stress and Forbearance

Amount Needed

$35,000.00

2 Years into loan hit 6 month pause button

Fee Percent

1.06%

Interest accrues - no payment made

Fee

$371.00

Loan Amount

$34,629.00

Balance at 2 years

Annual Interest Rate

6.20%

6 months Interest

Term-Years

10

New Balance

# of monthly Payments

Payment

Months remaining

New Payment

Total Cost of the Loan

Paid before pause

Period#

Interest

Balance Reduction

Loan Balance

Paid after Pause

0

New Cost of the Loan

1

2

Added Cost

3

4

5

6

7

8

9

10

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