App Developer Malaysia

App Developer Malaysia Overall rating: ☆☆☆☆☆ 0 based on 0 reviews
5 1
Rating

App Developer Malaysia

Title How To Build A Mortgage Calculator For Free in Microsoft Excel Word Count 678 Summary One of the really cool parts aspects of Microsoft Excel is the functions Microsoft has created for you to use This means that rather than have to develop a function from scratch you can use pre built ones to do a plethora of tasks like Building your own Mortgage Calculator The Mortgage Calculator or PMT function is just one of many Financial Functions available Keywords excel mortgage calculation excel mortgage calculator mortgage calculator free mortgage calculator Article Body andlt bandgt andlt iandgt One of the really cool parts aspects of Microsoft Excel is the functions Microsoft has created for you to use This means that rather than have to develop a function from scratch you can use pre built ones to do a plethora of tasks like Building your own Mortgage Calculator The Mortgage Calculator or PMT function is just one of many Financial Functions available andlt bandgt andlt iandgt andlt bandgt Okay so how to build a mortgage calculator andlt bandgt The first thing app development companies Malaysia have to do is to start by setting up a few basic headings So lets begin by starting a new workbook and clicking in the first cell A1 Enter into cell address A1 the heading Monthly Loan Repayments Next off enter into cell address A2 Amount of Loan cell address A3 Interest Rate cell address A4 Length of Loan and then in A6 Monthly Repayment In example mortgage calculator app development companies Malaysia will take the Loan Amount Interest Rate and Length of Loan and calculate your Monthly Repayment Okay so in the corresponding field B1 enter the value of 200 000 and make sure you format the field as a currency In cell B2 enter a value of 9 25 and format the field as a percentage and then finally enter in a value for the Length of the Loan as 25 The value you enter into the Length of the Loan field is in years Now its time to create the formula that will do your calculation for the Monthly Repayment The function app development companies Malaysia will use for this calculation is called the PMT function The PMT function always returns a negative number so one of the things app development companies Malaysia will need to do is to convert Malaysia app developer into a positive number but a little on that later andlt bandgt There are three arguments app development companies Malaysia will use for this formula and app development companies are andlt bandgt PMT Monthly Interest Rate Number of Payments Amount Borrowed So to work out the Monthly Interest Rate app development companies Malaysia simply take the value in B3 and divide Malaysia app developer by 12 B3 12 The PMT function works on the basic of the number of payments you are going to make so if app development companies Malaysia are going to make monthly payments on our mortgage app development companies Malaysia simply take the number of years in cell B4 and multiply Malaysia app developer by 12 B4 12 This means that to calculate the Monthly Repayment for our mortgage app development companies Malaysia need to enter the following formula PMT B3 12 B4 12 B2 Now as I said before the PMT function always returns a negative value so to turn this into a positive value app development companies Malaysia simply type the PMT function with the Absolute Function encapsulating Malaysia app developer as shown below ABS PMT B3 12 B4 12 B2 Simply type the formula above into the cell B6 and press the enter key You must now format the cell address B6 as a currency and you can do that by simply pressing the Dollar Symbol on the Formatting Toolbar As soon as you enter the formula and press enter you should get a result of 1712 76 If you do not get this answer simply go back and make sure that you have entered the formula correctly The cool part about this Mortgage Calculator is that you can go back and change any one of the values in B2 B3 and B4 which are the Loan Amount Interest Rate and Length of Loan to work out what your monthly mortgage repayments will be The cool part about this simple tool is that Malaysia app developer tells you really quickly whether borrowing massive amounts from the bank is worth Malaysia app developer and whether you can really afford that mortgage Why not check out what your repayments will be if your interest rate went up by 2 or 3 Malaysia app developer can be really interesting to see the impact on your budget Simple tools like this can save you thousands of dollars and can also help you see what changes interest rates will have on your own budget mobile app development is certainly worthwhile building yourself a Budgeting Spreadsheet and the mortgage calculator to work out just what you really can afford especially in these uncertain times .

App Developer Malaysia

You may also like...

Shares