1. Want to findout in which stage the loan is ? Eg: 1212321231 is in PROCESSING STAGE because the date appears under processing .
2. want to find out how many stages it has paased ? Eg: Loan 1212321231 has passed 3 stages and now in 4th stage(processing).
I have a created a Data Chart Below. A - C are the columns and 1-7 are the rows. I have hard-coded the equation in cell B5 that I am using.
What I want to do is input an number into B3 that automatically makes Cell B5 equal to Cell C1. Is there a process in excel you can use to do this. Or do you just have to use trial and error?
A B C
1Loan Amount$10,500,000 0.0730041581143804
2Term 10 years
3Rate
4Amortization30 years
5Constant (K) =PMT(B3/12,(B4*12),-1000)*0.012
6Annual Payment$766,544
7Monthly Payment$63,879
Example is attached.
In a financial environment we have a calculator which uses iteration to allow for a cost being added to loan amount where the cost is based on the total loan amount. Iteration is set to 100 iterations with max change .001
On one PC the first time the calculator is opened it gives a particular (incorrect) result. If the input cells are cleared and the data re-entered, it gives the correct result. This only happens on one particular PC. Is there some other setting , other than the iteration setting, that would cause this?
I have few stages. Starting from 1 to 6. If the task is completed in Stage 1 and when "F" Column is marked as "Completed" the records should be moved to Stage 2 without status (without F column value) and remove from Stage 1. It should happen while clicking the Save button which was created in Sheet 1.
I tried but i could not get the last record of Stage 2. find the last record and move the record from stage 1 to stage 2.
Attached excel file for reference.
I am looking to find the rider names of the first top 3 position for each stage in Results Page. The data comes from Stage Results. Initially I used Index and Match but to no avail.
Results Page
Stage 1
1
First
2
Second
3
Third
Stage ResultsA
B
C
D
(E)Position
1
Guy LeForge
Commage
6334.030
33
[Code] ..........
I have to maintain freight cost according to the shipment weight. Our shipper has different charges for different scale/quantity of shipment. For example, according to the attached picture; Rate for up to 10 Kilo is $ 20 per kilo. For weight more than 10 kilo and up to 20 kilo, Rate will be $ 15 per kilo and so on.
Now, suppose my shipment weight is 28 kilo. My cost will be $ 200 for 10 kg, $ 150 for next 10 kg and $ 80 for the last 8 kg. In total $ 430.
I have to calculate the total cost separately. I wonder if I could devise a formula by which I could put the weight in a single cell and get the freight cost instantly.
I owe 15462 in the bank, currency dont matter here, that is what I owe right now, but I want to have a cell in the frontpage with the amount left, so can I make a line called =remaining-each month
the amount should then each month be substracted from the new month and so on, until the amount is 0
can this be done?
the second page in the spreadsheet has a post with monthly pays to the bank ...
I'm working with a loan amortization worksheet (downloaded from Office Online). Unless I don't understand correctly, the date formula on the worksheet doesn't calculate the way I need it to. I'm not totally sure what the formula they use is doing. It does use a lot of named ranges.
If a user inserts the total "Number of Payments per year", then I want the date to return the proper payment date.
For instance, If the start date is 1/1/07 and the number of payments per year is 24 then the payment dates should be like
1/15/07
1/31/01
2/15/07
2/28/07
It should be the 15th and the last day of the month.
If I put 52 as the number of payments then I want the formula to set the payment dates to every Friday.
I'm still learning formulas so bare with me guys. Attached is the worksheet.
I have 4 Loans of various interest rates, balances, and minimum payments.
Assuming I have a certain amount of money to pay out each month, how can I minimize the total amount I pay over the lifetime of the loans?
Given:
Total Monthly payment: M
Interest Rate for each loan: R1, R2, R3, R4
Initial Principal for each Loan: P1, P2, P3, P4
Minimum Monthly Payment: Min1, Min2, Min3, Min4
Each month, how should I distribute M over the 4 loans?
I have used the PMT function but this gives me the total to pay per month.
I want to know what the repayments would be and also allow me to add in each one of the periods and extra repayment option.
So if in the year I wanted to pay an extra $100 per month, I would put $100 next to each period as in a particular period(s) I might not have to put in there but want to predict what the amount owing on the house is.
Is this possible or is this too complicated.
There are various references and links to " mortgage calculators;" though they are specific to the US dollar. Is the formula still the same, irrespective of the currency and why does it come across as quite a complex calculation? i have been taksed with designing a "calculator" and don't seem to know where to start as the currency issue is confusing me.
View 7 Replies View RelatedI have a file which student Monthly Loan Payment schedule.
I want to make a list which shows all payment period by installments and payment amount , dates by Student names.
Attached file, you can see all detail and wanted LIST.
I currently use goal seek to calculate an interest rate for a loan product. My problem is i would like to have the same function but not through a goal seek. In goal seek i have to set the value i want to achieve but ideally i want it to calculate automatically
I have attached a workbook with details. I use a loan amortization schedule to calculate the interest from parameters set on sheet 1
I have a calculation I do that calculates a clients "effective interest rate" if they make extra payments towards principal.. Calculation works fine.. However, I am now trying to figure out how to amend that code if it's an interest only loan, anyone have any ideas?
Here is the effective rate calcs on a random normal amortization loan:
this is in B2, and answer is 7%
=RATE(B4*B5,-((B3+B7)/B6),B7)*12
B3 = Total*Interest 279017.8
B4 = #*Years*in*Loan 30
B5 = #*Payments*/*Year 12
B6 = Total*Payments 360
B7 = Beginning*Principal 200000
B8 - Ending*Balance 0
problem is when someone is on an interest only loan they pay more interest than a normal amortization because they are not reducing the principal in the first x number of years. So I need to compare the interest only effective rate to an interest only loan.
Here is the example I'm working on... A client's loan is the following:
Loan amount - 131,538
interest rate - 6.15
30 year amortization
10 years interest only
normal client would pay an interest only payment of 674.13, then after i/o period would go to 953.80 for last 20 years of the loan, and they'd pay about $178k in interest.. Now if that client pays an extra 1,000 per year, I can calculate the amount of interest they'd accrue, but have no clue how to back into the "effective interest rate", basically that says you are paying the same amount of interest as someone with a x.xx% interest only loan.
I have been loaning my brother money over the past 14 months. The loans have been in the form or $1000 per month plus random payments for one-off expenses like doctors fees. He's not paid anything back yet but we want to know what the total owed is for interest of 10% per annum.
I can easily create a table with payments I've made and the dates with a running total of how much I've paid but how to I create a running balance of what he owes over time based on adding in interest. This might end with a one-off payment in a couple of months, I'd like to calculate what is owed there as a minimum.
how I can solve the issue of creating a spreadsheet (similar to an amortization one) that could deal with unequal re-payment regime as well as unfixed (anytime of the month) payment periods.
View 9 Replies View RelatedI need to calculate the monthly repayments on a loan taken out over a certain amount of years, which I can do fine.
I just cant get my head around how to calculate monthly repayments over a certain amount of years when the intrest is compounding annualy.
What I have so far:
p*(1+(r/100))^n
Where p is value of original loan, r is annual intrest rate, n is amount of years, and I am hoping I am right in saying this is the total repayable amount of the loan?
Then putting that aside I created a amortization table. (which I am certain i forgot to include compound intrest in!)
To keep it short i followed this guide for the amortization table.
and now I am so confused about if I should be using PMT, PPMT, NPER?!
I have created a excel sheet here i want the total interest charged for three months in 3rd mnth interest charged column, if i select 7 mnths term total interest charged for 7 months should come in 7th month interest charged colum, if it is 13 months total interest for 12 months in 12th month interest column and remaining 1 month interest in 13th month interest charged column
INTEREST CAL.xlsx
With the data table given below, how can I formulate the yearly installment based on the tenure. Like below example.
Name
Loan
Yrly Pymnt
No. of Tenures
Y2014
Y2015
[Code] ........
I have uploaded a sample amortization schedule.
1. I require the table to adjust itself based on the loan period and number of payments per year entered in D14 and D15 respectively.
2. Also, if a value is entered in column E, then i require the whole table to update as well.
Trying to automate the period part of the impt function
To calculate current value of loan i have the below formula below with the 3 being the current period
=IPMT(4.3%/12,3,5*12,-7000)/(4.3%/12)
What i would like to do is for the period to be self calcuating from current date and the loan start date. I can return a value in days using start date - today() and aware month function returns the month number but stuggling to find a way to work out cumulative month from the start date.
I'm developing a loan processing system for members of a club. When an applicant asks for a loan, the club will calculate 10 % of that interest and the applicant will have to pay it back in 5 successive fortnightly instalments. If he asks for a loan in the first fortnight (1), for example, he will have to start paying instalments in fortnights 2,3,4,5,6 to pay it all back.
The system currently has 4 worksheets. The first sheet is a the loan application form. The cells outlined in thicker border, are the cells in which details must be input. Once it is input, the data will be automatically placed in the Processing worksheet using IF and VLookup functions (See spreadsheet attached), which is used as a basis for the loan schedule Worksheet. What I need is a macro that will copy the range filled in the Processing worksheet, and copy it to the exact same location in the Loan schedule worksheet (The cells with the same fortnight columns and the same member name. This is how the loans are to be filed.
I have been trying to write two formulas in one cell. I have been able to write them both separately but have been unable to join them both together. What I am trying to do if first search name them how many reoccurring numbers appear. I have provided an example below
a b c d
1 Tom 333
2 Sam 22
3 Sam 22
4 John 5
5 Sam 22
6 Sam 1
7 Tom 3
8 Tom 333
So the answer would be
Tom = 2
Sam = 2
John = 1
I have sheet with rows and column from cell(1,1) to Cell(8,18) and it has #N/A inside these data. Is there a way to use Find function to find #N/A and replace it with empty space?
View 11 Replies View RelatedI am working on a macro that has a VLookup in it.
The sheet that this will be applied to comes in weekly and can have anywhere from 10K to 30K.
I want the VLookup equation to be able to find the last possible row with data in column A and then copy the Vlookp equation in column B to the last row.
Can someone please provide the correct code that will allow me to do this?
What formula will return the the first value to the right?
For example: A1=empty cell, B1=3, C1=empty cell, D1=0, E1=5, F1=empty cell.
What does the formula need to be in G1 to return the value of the first cell to the left than contains 0 or a value, or in this case 5 (E1).
In my code I have a very useful line:
[other code stuff here]...Range("J" & Rows.Count).End(xlUp))
That helps me find the value in the last row that actually has data in my spreadsheet. This is great, but I want to try to accomplish the same thing without vba. In other words, in cell A3, I always want the value that is in the J column, but the last row that has data. (In other words sometimes the last data row ia 97, sometimes it is 23.) Since the value is always changing this won't be vlookup. Is there another excel function that can find the end without the use of vba?
This might seem goofy to need to do since I already know how I can in vba, but in my (admittedly pathetic code) I keep have an endless loop and if I can figure out a way to get this value on the ss.
I need to find, using VBA, three highest numbers out of entire column (L), select 13 appropriate ranges like for L9 - A9:M9 , for L8 - A8:M8 and for L7 - A7:M7 and copy to a different sheet.
View 9 Replies View RelatedBook1.xlsx
I have two sheets of data and two tables (1=finial 2=data comparison) I am trying to figure out some kind of formula or vba that can easily tell me that the location point in table one data comparison matches the location in table two. The VPMDFS (location footage) in table two or NDE data can be a range, say vpmdfs.NDE + or - 3 ft. so the ILI or source record should fall in between this range. Once the match has been made I need to copy and paste that record onto sheet one all in the same row. I have been scratching my head and researching for weeks and cannot come up with a simple solution. My problem with all the scenarios that I've tried is the formulas what the data in the data comparison sheet to already be in the same row. Please reference my attached work book for examples.
How to find a particular cell value, example: i have sheet and in that we have 30 employee names and i need to map the data of work from home, which is in dark bule color and need to make a total of it. rather than counting the all the sheet details from month start till end. I need to find it in a quick shot.
I would like to prepare a shift schedule for 3 months it should be a automated.