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 Focused Software by Wheeler Initiatives

Fixed Payment Schedule

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  Amort Fixed Payment
  Calculate the term with Show Fixed Payment checked and then click List in the Fixed Payments Summary message box as show above.
 

 

Schedule of Fixed Payments

 
Schedule shows Payment No, Payment Date, Payment Amount, Payment Applied Principle, Running Total Principle, Monthly Payment Interest, Running Total Interest, and Current Balance. Amort Fixed Payment

 

At the bottom of each schedule you can click Print Schedule and include a note or title to be printed.

Notice that the last payment is not the same as all previous payments. The last payment is the amount owed plus the interest due on that balance. In this example, payments of $1200.00 at 7% APR would require 357 monthly payments of $1200.00 plus a final payment of $618.16.

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