ADVANCED AMORTIZATION TABLE

Model Resources
Author: Spencer Burton Important Links:
https://www.adventuresincre.com/ Visit this Model's Webpage

Compatibility
Excel 2013 Browse our entire Library of Real Estate Mod
Excel 2016
Excel 365

AdventuresinCRE.com and its affiliates do not provide tax, legal, investment, or accounting advice. This material has been prepared for informational pu
not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors
any transaction. This model may contains errors. Verify all calculations being using this model to make investment decisions.

LEARN TO BUILD INSTITUTIONAL-QUALITY REAL ESTATE MODELS FROM SCRATCH- CLICK HERE TO LEARN

Changelog Disclaimer: This model m

v2.0
Moved 'Annual Payments' rollup to 'Amortization' tab to allow for module to be more easily inserted into existing model
Removed $USD symbol to accommodate non-USD demoninated loans
Set 'Duration' and Alternative 'Interest Calc Methodology' sections to gray
Updated number formatting to 'Accounting'
Added 'Duration' and 'Average Life' calculation
Added functionality to amortize loan with variable interest rate
Added 'Actual/365' interest calc method
Added option to model dynamic vs. static monthly payments

v1.1
Fixed issue related to interest calc

v1.0
Initial release
 v2.0

el's Webpage

ntire Library of Real Estate Models

has been prepared for informational purposes only, and is

own tax, legal and accounting advisors before engaging in
t decisions.

ATCH- CLICK HERE TO LEARN MORE -

Disclaimer: This model may contain errors

ed into existing model

AMORTIZATION

Lender Name Lender Name Lender Yield (APR) 3.38%

Interest Calc Method 30/360 Payoff (Year 10) 23,018,842
Loan Type Bank Duration 7.67 years
Rate Type Fixed Average Life 8.91 years
Analysis Start Jan-2021

Loan Amount 30,000,000 Monthly Amort. Pmt 130,562

Loan Fee 1.0% 300,000
Annual Rate (Fixed) 3.25%
Amortization 360 months
Interest-Only Period 0 months
Term 120 months
Payment Static

Date Month Year I/O Payoff Monthly Pmt Annual Rate Interest Principal
31-Dec-20 0 0
31-Jan-21 1 1 No - 130,562 3.25% 81,250 49,312
28-Feb-21 2 1 No - 130,562 3.25% 81,116 49,445
31-Mar-21 3 1 No - 130,562 3.25% 80,983 49,579
30-Apr-21 4 1 No - 130,562 3.25% 80,848 49,714
31-May-21 5 1 No - 130,562 3.25% 80,714 49,848
30-Jun-21 6 1 No - 130,562 3.25% 80,579 49,983
31-Jul-21 7 1 No - 130,562 3.25% 80,443 50,119
31-Aug-21 8 1 No - 130,562 3.25% 80,307 50,254
30-Sep-21 9 1 No - 130,562 3.25% 80,171 50,391
31-Oct-21 10 1 No - 130,562 3.25% 80,035 50,527
30-Nov-21 11 1 No - 130,562 3.25% 79,898 50,664
31-Dec-21 12 1 No - 130,562 3.25% 79,761 50,801
31-Jan-22 13 2 No - 130,562 3.25% 79,623 50,939
28-Feb-22 14 2 No - 130,562 3.25% 79,485 51,077
31-Mar-22 15 2 No - 130,562 3.25% 79,347 51,215
30-Apr-22 16 2 No - 130,562 3.25% 79,208 51,354
31-May-22 17 2 No - 130,562 3.25% 79,069 51,493
30-Jun-22 18 2 No - 130,562 3.25% 78,930 51,632
31-Jul-22 19 2 No - 130,562 3.25% 78,790 51,772
31-Aug-22 20 2 No - 130,562 3.25% 78,650 51,912
30-Sep-22 21 2 No - 130,562 3.25% 78,509 52,053
31-Oct-22 22 2 No - 130,562 3.25% 78,368 52,194
30-Nov-22 23 2 No - 130,562 3.25% 78,227 52,335
31-Dec-22 24 2 No - 130,562 3.25% 78,085 52,477
31-Jan-23 25 3 No - 130,562 3.25% 77,943 52,619
28-Feb-23 26 3 No - 130,562 3.25% 77,800 52,762
31-Mar-23 27 3 No - 130,562 3.25% 77,657 52,904
30-Apr-23 28 3 No - 130,562 3.25% 77,514 53,048
31-May-23 29 3 No - 130,562 3.25% 77,371 53,191
30-Jun-23 30 3 No - 130,562 3.25% 77,226 53,335
31-Jul-23 31 3 No - 130,562 3.25% 77,082 53,480
31-Aug-23 32 3 No - 130,562 3.25% 76,937 53,625
30-Sep-23 33 3 No - 130,562 3.25% 76,792 53,770
31-Oct-23 34 3 No - 130,562 3.25% 76,646 53,916
30-Nov-23 35 3 No - 130,562 3.25% 76,500 54,062
31-Dec-23 36 3 No - 130,562 3.25% 76,354 54,208
31-Jan-24 37 4 No - 130,562 3.25% 76,207 54,355
29-Feb-24 38 4 No - 130,562 3.25% 76,060 54,502
31-Mar-24 39 4 No - 130,562 3.25% 75,912 54,650
30-Apr-24 40 4 No - 130,562 3.25% 75,764 54,798
31-May-24 41 4 No - 130,562 3.25% 75,616 54,946
30-Jun-24 42 4 No - 130,562 3.25% 75,467 55,095
31-Jul-24 43 4 No - 130,562 3.25% 75,318 55,244
31-Aug-24 44 4 No - 130,562 3.25% 75,168 55,394
30-Sep-24 45 4 No - 130,562 3.25% 75,018 55,544
31-Oct-24 46 4 No - 130,562 3.25% 74,868 55,694
30-Nov-24 47 4 No - 130,562 3.25% 74,717 55,845
31-Dec-24 48 4 No - 130,562 3.25% 74,566 55,996
31-Jan-25 49 5 No - 130,562 3.25% 74,414 56,148
28-Feb-25 50 5 No - 130,562 3.25% 74,262 56,300
31-Mar-25 51 5 No - 130,562 3.25% 74,109 56,452
30-Apr-25 52 5 No - 130,562 3.25% 73,957 56,605
31-May-25 53 5 No - 130,562 3.25% 73,803 56,759
30-Jun-25 54 5 No - 130,562 3.25% 73,650 56,912
31-Jul-25 55 5 No - 130,562 3.25% 73,495 57,067
31-Aug-25 56 5 No - 130,562 3.25% 73,341 57,221
30-Sep-25 57 5 No - 130,562 3.25% 73,186 57,376
31-Oct-25 58 5 No - 130,562 3.25% 73,030 57,531
30-Nov-25 59 5 No - 130,562 3.25% 72,875 57,687
31-Dec-25 60 5 No - 130,562 3.25% 72,718 57,843
31-Jan-26 61 6 No - 130,562 3.25% 72,562 58,000
28-Feb-26 62 6 No - 130,562 3.25% 72,405 58,157
31-Mar-26 63 6 No - 130,562 3.25% 72,247 58,315
30-Apr-26 64 6 No - 130,562 3.25% 72,089 58,473
31-May-26 65 6 No - 130,562 3.25% 71,931 58,631
30-Jun-26 66 6 No - 130,562 3.25% 71,772 58,790
31-Jul-26 67 6 No - 130,562 3.25% 71,613 58,949
31-Aug-26 68 6 No - 130,562 3.25% 71,453 59,109
30-Sep-26 69 6 No - 130,562 3.25% 71,293 59,269
31-Oct-26 70 6 No - 130,562 3.25% 71,133 59,429
30-Nov-26 71 6 No - 130,562 3.25% 70,972 59,590
31-Dec-26 72 6 No - 130,562 3.25% 70,810 59,752
31-Jan-27 73 7 No - 130,562 3.25% 70,648 59,913
28-Feb-27 74 7 No - 130,562 3.25% 70,486 60,076
31-Mar-27 75 7 No - 130,562 3.25% 70,323 60,238
30-Apr-27 76 7 No - 130,562 3.25% 70,160 60,402
31-May-27 77 7 No - 130,562 3.25% 69,997 60,565
30-Jun-27 78 7 No - 130,562 3.25% 69,833 60,729
31-Jul-27 79 7 No - 130,562 3.25% 69,668 60,894
31-Aug-27 80 7 No - 130,562 3.25% 69,503 61,059
30-Sep-27 81 7 No - 130,562 3.25% 69,338 61,224
31-Oct-27 82 7 No - 130,562 3.25% 69,172 61,390
30-Nov-27 83 7 No - 130,562 3.25% 69,006 61,556
31-Dec-27 84 7 No - 130,562 3.25% 68,839 61,723
31-Jan-28 85 8 No - 130,562 3.25% 68,672 61,890
29-Feb-28 86 8 No - 130,562 3.25% 68,504 62,058
31-Mar-28 87 8 No - 130,562 3.25% 68,336 62,226
30-Apr-28 88 8 No - 130,562 3.25% 68,168 62,394
31-May-28 89 8 No - 130,562 3.25% 67,999 62,563
30-Jun-28 90 8 No - 130,562 3.25% 67,829 62,733
31-Jul-28 91 8 No - 130,562 3.25% 67,659 62,902
31-Aug-28 92 8 No - 130,562 3.25% 67,489 63,073
30-Sep-28 93 8 No - 130,562 3.25% 67,318 63,244
31-Oct-28 94 8 No - 130,562 3.25% 67,147 63,415
30-Nov-28 95 8 No - 130,562 3.25% 66,975 63,587
31-Dec-28 96 8 No - 130,562 3.25% 66,803 63,759
31-Jan-29 97 9 No - 130,562 3.25% 66,630 63,932
28-Feb-29 98 9 No - 130,562 3.25% 66,457 64,105
31-Mar-29 99 9 No - 130,562 3.25% 66,284 64,278
30-Apr-29 100 9 No - 130,562 3.25% 66,109 64,452
31-May-29 101 9 No - 130,562 3.25% 65,935 64,627
30-Jun-29 102 9 No - 130,562 3.25% 65,760 64,802
31-Jul-29 103 9 No - 130,562 3.25% 65,584 64,978
31-Aug-29 104 9 No - 130,562 3.25% 65,408 65,154
30-Sep-29 105 9 No - 130,562 3.25% 65,232 65,330
31-Oct-29 106 9 No - 130,562 3.25% 65,055 65,507
30-Nov-29 107 9 No - 130,562 3.25% 64,878 65,684
31-Dec-29 108 9 No - 130,562 3.25% 64,700 65,862
31-Jan-30 109 10 No - 130,562 3.25% 64,521 66,041
28-Feb-30 110 10 No - 130,562 3.25% 64,342 66,219
31-Mar-30 111 10 No - 130,562 3.25% 64,163 66,399
30-Apr-30 112 10 No - 130,562 3.25% 63,983 66,579
31-May-30 113 10 No - 130,562 3.25% 63,803 66,759
30-Jun-30 114 10 No - 130,562 3.25% 63,622 66,940
31-Jul-30 115 10 No - 130,562 3.25% 63,441 67,121
31-Aug-30 116 10 No - 130,562 3.25% 63,259 67,303
30-Sep-30 117 10 No - 130,562 3.25% 63,077 67,485
31-Oct-30 118 10 No - 130,562 3.25% 62,894 67,668
30-Nov-30 119 10 No - 130,562 3.25% 62,711 67,851
31-Dec-30 120 10 No 23,018,842 130,562 3.25% 62,527 68,035
 Click '+' Above to Expand for Duration and Interest Calc
ANNUAL SUMMARY

Beginning Principal Ending Principal Lender Cash Flow Year Payments Ending Balance
(29,700,000)
30,000,000 29,950,688 130,562 1 1,566,743 29,399,363
29,950,688 29,901,243 130,562 2 1,566,743 28,778,911
29,901,243 29,851,663 130,562 3 1,566,743 28,137,992
29,851,663 29,801,950 130,562 4 1,566,743 27,475,930
29,801,950 29,752,101 130,562 5 1,566,743 26,792,027
29,752,101 29,702,118 130,562 6 1,566,743 26,085,564
29,702,118 29,651,999 130,562 7 1,566,743 25,355,795
29,651,999 29,601,745 130,562 8 1,566,743 24,601,952
29,601,745 29,551,355 130,562 9 1,566,743 23,823,241
29,551,355 29,500,828 130,562 10 1,566,743 -
29,500,828 29,450,164 130,562
29,450,164 29,399,363 130,562
29,399,363 29,348,424 130,562
29,348,424 29,297,347 130,562
29,297,347 29,246,133 130,562
29,246,133 29,194,779 130,562
29,194,779 29,143,286 130,562
29,143,286 29,091,654 130,562
29,091,654 29,039,882 130,562
29,039,882 28,987,970 130,562
28,987,970 28,935,917 130,562
28,935,917 28,883,723 130,562
28,883,723 28,831,388 130,562
28,831,388 28,778,911 130,562
28,778,911 28,726,292 130,562
28,726,292 28,673,531 130,562
28,673,531 28,620,626 130,562
28,620,626 28,567,579 130,562
28,567,579 28,514,387 130,562
28,514,387 28,461,052 130,562
28,461,052 28,407,572 130,562
28,407,572 28,353,947 130,562
28,353,947 28,300,177 130,562
28,300,177 28,246,262 130,562
28,246,262 28,192,200 130,562
28,192,200 28,137,992 130,562
28,137,992 28,083,637 130,562
28,083,637 28,029,135 130,562
28,029,135 27,974,485 130,562
27,974,485 27,919,688 130,562
27,919,688 27,864,742 130,562
27,864,742 27,809,647 130,562
27,809,647 27,754,403 130,562
27,754,403 27,699,009 130,562
27,699,009 27,643,465 130,562
27,643,465 27,587,771 130,562
27,587,771 27,531,926 130,562
27,531,926 27,475,930 130,562
27,475,930 27,419,782 130,562
27,419,782 27,363,482 130,562
27,363,482 27,307,029 130,562
27,307,029 27,250,424 130,562
27,250,424 27,193,665 130,562
27,193,665 27,136,753 130,562
27,136,753 27,079,687 130,562
27,079,687 27,022,465 130,562
27,022,465 26,965,089 130,562
26,965,089 26,907,558 130,562
26,907,558 26,849,871 130,562
26,849,871 26,792,027 130,562
26,792,027 26,734,027 130,562
26,734,027 26,675,870 130,562
26,675,870 26,617,555 130,562
26,617,555 26,559,082 130,562
26,559,082 26,500,451 130,562
26,500,451 26,441,662 130,562
26,441,662 26,382,712 130,562
26,382,712 26,323,604 130,562
26,323,604 26,264,335 130,562
26,264,335 26,204,906 130,562
26,204,906 26,145,315 130,562
26,145,315 26,085,564 130,562
26,085,564 26,025,650 130,562
26,025,650 25,965,574 130,562
25,965,574 25,905,336 130,562
25,905,336 25,844,934 130,562
25,844,934 25,784,369 130,562
25,784,369 25,723,640 130,562
25,723,640 25,662,746 130,562
25,662,746 25,601,688 130,562
25,601,688 25,540,464 130,562
25,540,464 25,479,074 130,562
25,479,074 25,417,518 130,562
25,417,518 25,355,795 130,562
25,355,795 25,293,905 130,562
25,293,905 25,231,847 130,562
25,231,847 25,169,622 130,562
25,169,622 25,107,228 130,562
25,107,228 25,044,664 130,562
25,044,664 24,981,932 130,562
24,981,932 24,919,029 130,562
24,919,029 24,855,956 130,562
24,855,956 24,792,713 130,562
24,792,713 24,729,298 130,562
24,729,298 24,665,711 130,562
24,665,711 24,601,952 130,562
24,601,952 24,538,021 130,562
24,538,021 24,473,916 130,562
24,473,916 24,409,637 130,562
24,409,637 24,345,185 130,562
24,345,185 24,280,558 130,562
24,280,558 24,215,756 130,562
24,215,756 24,150,778 130,562
24,150,778 24,085,625 130,562
24,085,625 24,020,295 130,562
24,020,295 23,954,788 130,562
23,954,788 23,889,104 130,562
23,889,104 23,823,241 130,562
23,823,241 23,757,201 130,562
23,757,201 23,690,981 130,562
23,690,981 23,624,582 130,562
23,624,582 23,558,004 130,562
23,558,004 23,491,245 130,562
23,491,245 23,424,305 130,562
23,424,305 23,357,184 130,562
23,357,184 23,289,881 130,562
23,289,881 23,222,396 130,562
23,222,396 23,154,728 130,562
23,154,728 23,086,877 130,562
23,086,877 - 23,149,404