Loan Payoff Planner

A workbook designed to run only under Excel 97, 2000 or higher, that features a complete Flexible display of any fixed rate loan or debt up to a 30 year term. See clearly the impact of missing payments or making early or larger payments. Plan for early payoff! You will be amazed at the impact. Have several loans and a large sum of money available to apply to one of them? Plug it into all of your loans to see and compare the effect. Make the wisest decision. You will see a clear picture, the likes of which you probably have not seen before.

Ideal also for amounts due you from family members, such as a student repaying part of their college expenses because you might want to extend them flexibility in repayment, and if you keep record on this sheet, the calculations keep up with any and all scenarios. The first sheet is newly added 10/2001, a sheet that provides an automated calculation to help guide you in estimating the maximum affordable price of a new home that your financial circumstances should allow. On the next sheet, you can compare up to 3 sets of loan assumptions to help guide and educate you in any pending decision. Track your actual payments on a separate sheet for each and every loan youre monitoring. Payments, all or individual months, can be modified, increased, lowered, or skipped, and the remaining term is automatically recalculated and displayed.

Individual sheets may be duplicated within the workbook for each and every loan or debt you may have, existing or new. (The trial version does not have this flexibility. An additional file named Lpp_live.xls, where additional sheets can be duplicated, is supplied upon purchase).

It is desirable to carefully work through the learning exercises outlined in the help file Lpp_help.hlp to gain a full appreciation of the use and value of this workbook. If in doubt about your environment, download the evaluation version first. Complete current version supplied upon purchase. All licensed users will be notified of a link to download any future updates free of charge. Product support provided to licensed users.