What is the role of the Amortization tab in the Real Estate Pro-Forma template?

The Amortization tab in the Real Estate Pro-Forma template is used to track the progress of a loan over its duration. It uses data from the Purchase Details tab to provide a chart and an amortization table, which show the total amount paid and the remaining balance. If you plan to make extra payments, you can log these amounts in this tab. This feature allows you to visually see how these additional payments can reduce the loan term and the total interest paid.

Question was asked on:

The 'Amortization' tab tracks the development of a loan throughout its duration. Utilizing data from the 'Purchase Details' tab, it includes a chart and an amortization table, which illustrate the total amount paid and the outstanding balance. For those intending to make extra payments, the tab provides a feature to log these extra amounts. This addition enables a graphical display of how these additional payments can shorten the loan term and decrease the total interest to be paid.

Asked on the following spreadsheet:

resource preview

Real Estate Pro-Forma (Part 2)

Calculate the performance of your real estate investments over ten years, with monthly and annual visualizations. With our Real Estate Pro Forma templ...

file_save

Download free weekly spreadsheets

Enter your email address to download and customize spreadsheets for free

Not for commercial use

OR
file_save

Download 'Real Estate Pro-Forma (Part 2)' spreadsheet — 17 sheets

Real Estate Pro-Forma (Part 2)

+39 more spreadsheets per quarter

that's $3 per spreadsheet

$132

/ Quarterly

Commercial use allowed. View other plans

Preview (17 sheets)

View all chevron_right