The Amortization sheet in the Residential Proforma spreadsheet provides a detailed monthly loan schedule based on the loan amount, term in years, and interest rate. By adjusting these details in the Decision sheet, users can understand how changes in loan terms will affect their monthly payments and the overall duration of the loan repayment. For instance, the sheet can show how making extra monthly payments can shorten the loan term. This helps users to make informed decisions about their loan repayments.
Need to compare real estate investment opportunities? Use the Residential ProForma spreadsheet to qu...
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