Car loan Calculator
Car loan Calculator provide detail of each month for a future time period which is necessary for finance planning
Interest calculation sheet includes serial number, Car financing head, Interest rate, No of installment, Loan Amount and monthly installment with interest.
following are the formulas for the above sheet, which make it simplify.
Car loan Calculator in excel main purpose is when bank or other financial institution providing loan for car financing.
then you can easily calculate total loan amount with interest and monthly installment, and make your mind which loan policy will suit him according to your financial position.
an organization or individual creating interest calculation sheet in excel for the purpose to know that how much interest on monthly, year and total i will be paid in the future period