Sunday, November 16, 2008

Interest-only loan

Making an investment, because of delay of income, we should apply for an interest-only loan.
This way, during a short period we pay only the interests while our business begin to look starts running.
Also can be used with personal situations, such as building a house.
This template, from the amount, interest periods and rate, calculates the payments for the interest-only period and the amortization period, and the loan table.

Free Download: interest-only_loan.xls

Unlocked template:


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