You are on page 1of 3

Daily Loan Principal & Interest Calculation Spreadsheet

#VALUE!

28-Apr-2016

D-H & Associates Consulting
This spreadsheet shows in daily detail the effect of amounts and timing of fees and loan
payments on a fixed rate loan. This sheet can be helpful in understanding the effects of
late and early payments and fees. This spreadsheet is intended to be an educational
tool. It is not intended to be a basis for financial or other important decisions.
A financial institution’s computer system may output slightly different results based on
how that system has been programmed to calculate. As with any utility tool like this the
user should validate it before using it to make decisions.

Spreadsheet .

11 98.11 65.29 20.00 20.11 28.00 20.000.50% 4.50% 4. Date 1-Jun-2009 2-Jun-2009 3-Jun-2009 4-Jun-2009 5-Jun-2009 6-Jun-2009 7-Jun-2009 8-Jun-2009 9-Jun-2009 10-Jun-2009 11-Jun-2009 12-Jun-2009 13-Jun-2009 14-Jun-2009 15-Jun-2009 16-Jun-2009 17-Jun-2009 18-Jun-2009 19-Jun-2009 20-Jun-2009 21-Jun-2009 22-Jun-2009 23-Jun-2009 24-Jun-2009 25-Jun-2009 26-Jun-2009 27-Jun-2009 28-Jun-2009 29-Jun-2009 30-Jun-2009 1-Jul-2009 2-Jul-2009 3-Jul-2009 4-Jul-2009 5-Jul-2009 6-Jul-2009 7-Jul-2009 8-Jul-2009 9-Jul-2009 10-Jul-2009 11-Jul-2009 12-Jul-2009 13-Jul-2009 14-Jul-2009 15-Jul-2009 16-Jul-2009 17-Jul-2009 18-Jul-2009 19-Jul-2009 Beginning Balance 20.60 7.00 0.000.000.00 0.00 20.123.84 7.00 0.156.50% 4.00 20.00 20.93 7.000.000.85 7.97 7.000.18 20.00 20.00 20.00 20.00 0.020548% Maturity: 48 mos = 4 years Payment: $483.00 20.95 7.00 20.00 20.50% 4.04 20.00 Balance + Interest Due 20.74 7.50% 4.00 20.00 0.00 0.000.00 20.11 102.50% 4.50% 4. input on the days they were charged or paid.00 0.00 0.49 7.152.44 7.000.057.00 20.000.32 7.00 0.00 0.00 0.00 0.00 20.66 7.00 0.00 0.50% 4.041.19 20.000.00 0.000.000.000.00 0.50% 4.00 0.50% 4.08 20.55 20.11 94.000.00 0.00 0.11 82.049.00 20.11 36.00 20.00 0.00 0.00 0.11 24.53 20.11 20.00 20.50% 4.00 0.00 20.000.07 7.11 180.00 0.00 0.11 115.00 20.00 20.000.00 20.000.000.110.11 127.00 0.000.27 7.88 7.00 20.000.176.00 0.11 123.106.50% 4.50% 4.11 73.50% 4.57 System digit truncation: 8 digits Required inputs in the table are the amounts of fees and payments.11 172.77 7.11 160.11 20.000.97 20.00 0.000.000.00 0.49 20.00 0.00 0.00 0.00 20.00 0.50% 4.00 0.00 20.000.64 20.00 0.86 7.00 0.11 90.50% 4.115.000.00 0.000.00 20.00 0.00 0.11 143.000.50% 4.00 0.50% 4.21 20.135.50% 4.020.00 20.000.11 16.11 193.50% 4.00 0.00 20.00 20.102.000.00 0.00 0.00 0.50% 4.73 20.00 20.22 7.18 7.42 20.00 20.00 20.086.00 0.29 7.00 0.193.00 20.00 0.00 0.00 20.000.00 20.40 7.00 20.00 0.090.00 20.50% 4.00 0.00 0.00 20.00 20.50% 4.032.50% 4.96 7.082.11 53.11 61.00 20.26 Total Interest Paid 0.00 0.00 20.74 20.00 0.50% 4.00 0.30 7.00 0.33 20.000.000.00 0.00 20.11 168.000.000.00 20.00 0.38 7.000.00 0.00 0.00 0.069.00 0.08 7.00 0.000.00 0.000.50% 4.00 20.164.00 0.50% 4.000.00 7.00 0.11 106.63 7.00 0.00 0.000.016.000.00 20.00 0.11 131.00 20.00 0.11 78.000.00 0.32 20.00 1-Jun-2009 Interest Cumulative Fees Interest Accrued Interest Chgd Rate each Day Accrued Payment 7.00 0.00 0.004.50% 4.00 0.000.11 86.38 20.00 0.50% 4.00 0.93 20.50% 4.00 20.036.00 20.51 20.07 20.00 0.00 .11 41.00 20.50% 0.50% 4.50% 4.52 7.000.52 20.00 0.000.189.11 32.00 0.00 0.000.000.053.50% 4.11 176.00 20.00 20.00 20.000.00 0.19 7.11 156.000.00 20.00 20.00 20.000.000.00 0.00 20.60 20.00 20.00 0.00 20.50% 4.000.64 7.000.50% 4.00 20.00 0.000.00 0.000.000.00 0.00 20.000.00 0.012.00 0.10 7.00 0.77 20.27 20.00 0.000.000.15 20.00 20.078.00 0.00 0.85 20.00 20.82 20.008.00 20.00 20.00 20.000.66 20.50% 4.000.000.00 0.000.00 20.00 0.99 20.50% 4.119.00 0.000.045.50% 4.147.000.11 135.000.131.000.50% 4.00 0.00 20.000.00 20.000.11 49.000.168.000.000.000.00 0.41 20.11 119.99 7.11 147.00 20.00 0.00 20.53 7.00 0.00 20.63 20.11 184.000.00 0.00 0.00 20.96 20.00 0.000.000.000.26 Fees Interest Principal Remaining Paid Paid Paid Balance 0.11 7.098.50% 4.55 7.00 0.000.000.000.10 20.00 20.000.00 0.00 20.50% Daily: 0.000.16 7.139.05 7.000.000.75 20.11 8.11 12.88 20.000.000.00 0.00 20.11 189.00 20.197.000.00 0.094.00 20.11 57.00 0.00 0.00 0.00 0.00 0.00 20.50% 4.50% 4.184.00 20.33 7.11 152.04 7.11 45.00 20.00 0.00 20.50% 4.00 20.000.00 20.180.065.00 0.160.21 7.84 20.62 7.00 20.40 20.22 20.00 20.00 0.143.00 0.86 20.44 20.00 20.Daily Loan Principal & Interest Calculation Spreadsheet #VALUE! 28-Apr-2016 Beginning Balance: Beginning day of Loan First payment date APR: 7.00 20.00 20.000.00 0.00 0.000.00 20.11 4.00 0.00 0.00 20.000.000.00 0.00 0.00 0.000.00 0.42 7.00 0.00 0.00 0.00 20.172.00 0.00 0.15 7.073.127.00 0.00 0.00 0.50% 4.50% 4.00 0.024.05 20.00 0.00 0.000.00 0.00 20.00 0.00 0.50% 4.62 20.00 20.00 20.00 20.00 0.75 7.00 $20.00 0.82 7.50% 4.16 20.11 69.00 0.11 164.41 7.00 20.00 20.00 0.00 20.00 0.000.000.00 0.00 0.00 0.00 0.000.00 0.11 110.71 20.30 20.71 7.00 0.061.000.000.11 197.95 20.11 139.73 7.50% 4.00 0.028.000.51 7.000.