| Month | Payment | Principal | Interest | Balance |
|---|---|---|---|---|
The Mortgage XLS template streamlines loan calculations by automatically computing monthly payments, interest rates, and amortization schedules based on user inputs. This Excel tool supports variables such as loan amount, term length, and payment frequency for precise financial planning. Users can analyze principal versus interest over time and visualize the repayment process through integrated charts. Customizable formulas and clear layout enhance decision-making for homebuyers and lenders alike.
