Sunday, June 20, 2021
When you're refinancing, this chart allows you to use the tip of your finger trade off your monthly payments and your total payments as you consider the term of your loan.

Calculate Mortgage Payments and Your ROA with an Excel CalcPlot Chart

An Excel CalcPlot Chart allows you to plot values in three dimensions, not merely two. Here are two examples. Mortgage Paments Mortgage interest rates are at...
Here's how to set up Future- and Present-Value formulas that allow compounding by using an interest rate and referencing cash flows and their dates.

Find Future and Present Values from Scheduled Cash Flows in Excel

"I would like a Future Value command similar to the XIRR and XNPV functions, which allow compounding by using an interest rate and referencing...
These keyboard shortcuts will help you to things in Excel that are difficult or time-consuming to do any other way.

Five Really Useful Excel Keyboard Shortcuts

Most Excel users use some of Excel's shortcuts frequently, like F9, Ctrl + C and Ctrl + V. However, Excel offers other shortcuts that are nearly as useful....
Most loans and many investments are annuities, which are payments made at fixed intervals over time. Here's how to use Excel to calculate any of the five key unknowns for any annuity.

Excel’s Five Annuity Functions

“Help!” the message said. “I know the payment, interest rate, and current balance of a loan, and I need to calculate the number of...
Mortgage lenders give you many options for your interest rate and amortization period. This workbook helps you to choose from among them.

Compare Loan Payment Options in Excel

When you’re comparing your payment options for mortgage loans, your choices can be overwhelming... When in St. Ives, I found a home, Then looked at seven...
Term loans can have a variety of repayment periods, interest rates, amortizing methods, and so on. Here's how to calculate amortization schedules for the two most common types of amortizing loans.

How to Use Excel Formulas to Calculate a Term-Loan Amortization Schedule

"How do I calculate cumulative principal and interest for term loans? I have scoured the web for a function that will perform this task,...

Latest Articles

A Lesson in Excel Analysis Learned from Rising US Inflation

Looking at the trends in the annual rate of change (ROC) of business and economic measures is an excellent way to reveal hidden information...
Here's how you can split delimited text into an array with a short Excel formula, and then wrap the formula with the INDEX function to return any value from the array.

How to Split and Index Delimited Text with Excel Formulas

For the longest time I've wished that Microsoft would add a SPLIT function to Excel. The function would have a syntax like this... =SPLIT(text, delimiter,...
Berkshire Hathaway is raising prices, and their costs are increasing. Inflation is on the rise. These Excel charts illustrate the the problem.

Warren Buffett, Inflation, and Excel

On May 3, 2021, CNBC quoted Warren Buffett saying, “We are seeing very substantial inflation. We are raising prices. People are raising prices to...