Companies can implement the Ultimate Loan Spreadsheet in their loan tracking operations by first entering the details of the current and any potential new loans into the spreadsheet. The template will then compare the old and new loans, showing the difference in interest and total payment, and indicating when the breakeven point of switching to a new loan will happen. This can be used to analyze home, car, student, and commercial loans. The refinance comparison is illustrated with a graph, where the solid line indicates the new loan and the dotted line indicates the current loan.
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Are loan repayments confusing and complex to keep track of? Use our Ultimate Loan Spreadsheet to track and estimate how much principle of a loan is ow...
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Enter the details of the current and any potential new loan. The template will compare the old and the new loan, difference in interest and total payment and an indication of when the breakeven point of switching to a new loan will happen.The refinance comparison is illustrated with a graph, where the solid line indicates the new loan and the dotted line indicates the current loan.
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