Ayadi Calculations Excel

This article describes the Excel nested IF construction. Usually, nested IFs are used when you need to test more than one condition and return different results depending on those tests.Testing more than one condition...
Inside the IF function, the expected value is subtracted from the measured or actual value. The result may be positive or negative, depending on the actual value, so the ABS function is used to convert the result to a...
First, we get the largest value using the MAX function in E5: =MAX(rng)Once we have the largest value established, we create another formula that simply checks all values in the named range 'rng' against the 'last...
This is a tricky formula to understand, and it requires that you have a numeric id for each match, and that all matches are sorted by id.They key is in understanding how FREQUENCY gathers numbers into 'bins'. Each bin...
The goal is to lookup a feed rate based on material, hardness, and drill bit diameter. Feed rate values are in the named range data (D6:H16).This can be done with a two-way INDEX and MATCH formula. One MATCH function...
In Excel, empty double quotes (') mean empty string. The symbol is a logical operator that means 'not equal to', so the following expression means 'A1 is not empty':=A1<>' // A1 is not emptyThis...

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The MINIFS function is designed to return minimum values in a range based on one or more criteria. In this case, the range we are extracting a minimum value from is E5:E22), named 'times'.We are filtering these...
Ayadi Calculations Excel
This formula is based on the IF function, configured with a simple logical test, a value to return when the test is TRUE, and a value to return when the test is FALSE. In plain English: if Value 1 equals 1, return Value...
At a high level, this example is about finding a minimum value based on multiple criteria. To do that, we are using the MIN function together with two nested IF functions:{=MIN(IF(day=I5,IF(tide='L',pred...
The complexity of calculating the number of hours between two times stems from times that cross midnight. This is because times that cross midnight often have a start time that is later than the end time (i.e. start at...
This formula uses the IF function to check for 'complete' in column C. When a cell contains 'complete', IF returnsCHAR(252)which displays a checkmark when the font is 'Wingdings'. When a cell contains any other...
The TRANSPOSE function automatically transposes values in a horizontal orientation to vertical orientation and vice versa.However, if a source cell is blank (empty) TRANSPOSE will output a zero. To fix that problem,...
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If you want to do something specific when a cell equals a certain value, you can use the IF function to test the value, then do something if the result is TRUE, and (optionally) do something else if the result of the...

Ayadi Calculations Excel Template

With a given start date, the WORKDAY function will return a date that is not a weekend or holiday, n days in the future or past. The holidays argument is optional and can be omitted. In the example, B5 a the hard-coded...
One limitation of the IF function is that it does not support wildcards like '?' and '*'. This means you can't use IF by itself to test for text that may appear anywhere in a cell.One solution is a formula that uses...

Want to Calculate Loan Payments Offline?

We have offered a downloadable Windows application for calculating mortgages for many years, but we have recently had a number of people request an Excel spreadsheet which shows loan amortization tables.

Our Simple Excel loan calculator spreadsheet offers the following features:

  • works offline
  • easily savable
  • allows extra payments to be added monthly
  • shows total interest paid & a month-by-month amortization schedule
Ayadi calculations excel free

Microsoft Excel Loan Calculator Spreadsheet Usage Instructions

The calculator updates results automatically when you change any input.

Ayadi Calculations Excel Free

loan amount - the amount borrowed, or the value of the home after your down payment.

2

interest rate - the loan's stated APR. For your convenience, we publish local Los Angeles mortgage rates below to help you see currently available rates.

3

loan term in years - most fixed-rate home loans across the United States are scheduled to amortize over 30 years. Other common domestic loan periods include 10, 15 & 20 years. Some foreign countries like Canada or the United Kingdom have loans which amortize over 25, 35 or even 40 years.

4

payments per year - defaults to 12 to calculate the monthly loan payment which amortizes over the specified period of years. If you would like to pay twice monthly enter 24, or if you would like to pay biweekly enter 26.

5

loan start date - the date which loan repayments began, typically a month to the day after the loan was originated.

6

optional extra payment - if you want to add an extra amount to each monthly payment then add that amount here & your loan will amortize quicker. If you add an extra payment the calculator will show how many payments you saved off the original loan term and how many years that saved.

Enable Your Worksheet to Calculate Your Loan Payments

Ayadi Calculations Excel Spreadsheet

How to Enable Your Mortgage Calculation Spreadsheet

When you download Excel spreadsheets from the web they download in PROTECTED VIEW.
You need to click on [Enable Editing] in the yellow banner at the top of the spreadsheet to change variable amounts.

Ayadi Calculations Excel Format

Right click on any of the above images to save a copy of our Excel loan calculator spreadsheet, or click on them to directly open it.

Ayadi Calculations Excel

By default this calculator is selected for monthly payments and a 10-year loan term.

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