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