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Send Amortization Schedule via Email

Send Amortization Schedule via Email

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Aug 6th, 2022

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Easy guide on the way to Send Amortization Schedule via Email

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How to Send Amortization Schedule via Email

4.8 out of 5

37 votes

In this lesson, we learn to create an amortization schedule in Google Sheets using a 30-year fixed-rate loan of $200,000 at an interest rate of 3.5%. The first step is calculating the monthly payment using the payment function. The annual interest rate must be divided by 12 to convert it to a monthly rate. The number of periods is already defined in months (360). The present value input is the loan amount. Optional inputs exist, but are not necessary for this calculation. This process results in a monthly payment of $898. The lesson continues from this point.

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