At first sight, it may seem that online editors are pretty much the same, but you’ll find that it’s not that way at all. Having a powerful document management solution like DocHub, you can do much more than with traditional tools. What makes our editor unique is its ability not only to quickly Wipe table in Interest Transfer Agreement but also to design documentation totally from scratch, just the way you want it!
In spite of its extensive editing features, DocHub has a very easy-to-use interface that offers all the features you need at hand. Therefore, modifying a Interest Transfer Agreement or a completely new document will take only a couple of moments.
Register for a free trial and enjoy your best-ever document-related practice with DocHub!
in this video were going to talk about how to create an amortization schedule so lets say if were taking out a mortgage or a loan of 300 000 thats going to be our principal amount and lets say its a 30-year mortgage so the term is 30 years and were going to say the annual interest rate is 5 and its going to start july 1st 2020. now in cell d1 this is going to represent the number of payments now were going to be paying the mortgage back every month and if this is a 30-year term the number of monthly payments is going to be 30 times 12. so this is going to be equal the value in cell b2 which is 30 years times 12. so we get 360 monthly payments now the monthly rate is simply the annual rate divided by 12. so were going to take the value in cell b3 and then divided by 12. that gives us the monthly rate now to get the monthly mortgage payment were going to use the pmt function type in equal pmt open parentheses now the rate this is the monthly rate so thats going to be cell d2