How to represent this amortization


T

Thomas Poteau

Hello,

I was wondering how I simulation an loan amortization of this type.

I have a loan called 30/15. Basically it is calculated over 30 years but
need to be paid in 15. What would be the best way to set it up ?

Thnak you
 
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C

Cal Learner-- MVP

I was wondering how I simulation an loan amortization of this type.

I have a loan called 30/15. Basically it is calculated over 30 years but
need to be paid in 15. What would be the best way to set it up ?
If you know the payments, enter that data. Leave the interest blank
for Money to compute.
 
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C

Cal Learner-- MVP

I was wondering how I simulation an loan amortization of this type.

I have a loan called 30/15. Basically it is calculated over 30 years but
need to be paid in 15. What would be the best way to set it up ?
..... when you enter the data, the big amount of money you have to
pay at the end of the 15 years is called the balloon amount.
 

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