Daily Loan Principal & Interest Calculation Spreadsheet#VALUE! 6-May-2023

D-H & Associates Consulting

This spreadsheet shows in daily detail the effect of amounts and timing of fees and loan payments on a fixed rate loan. This sheet can be helpful in understanding the effects of late and early payments and fees. This spreadsheet is intended to be an educational tool. It is not intended to be a basis for financial or other important decisions.

A financial institution’s computer system may output slightly different results based on how that system has been programmed to calculate. As with any utility tool like this the user should validate it before using it to make decisions.

The inputs to the table are highlighted in blue text.

Daily Loan Principal & Interest Calculation Spreadsheet

Daily Loan Principal & Interest Calculation Spreadsheet#VALUE! 6-May-2023

Beginning Balance: $23,378.00 APR: 8.60% Daily: 0.023562%Beginning day of Loan 30-Apr-2017 Maturity: 60 mos = 5 yearsFirst payment date Payment: $480.76

System digit truncation: 8 digitsRequired inputs in the table are the amounts of fees and payments, input on the days they were charged or paid.

Date PaymentBeginning

BalanceFees Chgd

Interest Rate

Interest Accrued

each Day

Cumulative Interest Accrued

Fees Paid

Interest Paid

Principal Paid

Remaining Balance

Balance + Interest

Due

Total Interest

Paid30-Apr-2017 23,378.00 8.60% 0.00 0.00 0.00 0.00 0.00 0.00 23,378.00 23,378.00 0.001-May-2017 23,378.00 8.60% 5.51 5.51 0.00 0.00 23,378.00 23,383.51 0.002-May-2017 23,378.00 8.60% 5.51 11.02 0.00 0.00 23,378.00 23,389.02 0.003-May-2017 23,378.00 8.60% 5.51 16.52 0.00 0.00 23,378.00 23,394.52 0.004-May-2017 23,378.00 8.60% 5.51 22.03 0.00 0.00 23,378.00 23,400.03 0.005-May-2017 23,378.00 8.60% 5.51 27.54 0.00 0.00 23,378.00 23,405.54 0.006-May-2017 23,378.00 8.60% 5.51 33.05 0.00 0.00 23,378.00 23,411.05 0.007-May-2017 23,378.00 8.60% 5.51 38.56 0.00 0.00 23,378.00 23,416.56 0.008-May-2017 23,378.00 8.60% 5.51 44.07 0.00 0.00 23,378.00 23,422.07 0.009-May-2017 23,378.00 8.60% 5.51 49.57 0.00 0.00 23,378.00 23,427.57 0.00

10-May-2017 23,378.00 8.60% 5.51 55.08 0.00 0.00 23,378.00 23,433.08 0.0011-May-2017 23,378.00 8.60% 5.51 60.59 0.00 0.00 23,378.00 23,438.59 0.0012-May-2017 23,378.00 8.60% 5.51 66.10 0.00 0.00 23,378.00 23,444.10 0.0013-May-2017 23,378.00 8.60% 5.51 71.61 0.00 0.00 23,378.00 23,449.61 0.0014-May-2017 23,378.00 8.60% 5.51 77.12 0.00 0.00 23,378.00 23,455.12 0.0015-May-2017 23,378.00 8.60% 5.51 82.62 0.00 0.00 23,378.00 23,460.62 0.0016-May-2017 23,378.00 8.60% 5.51 88.13 0.00 0.00 23,378.00 23,466.13 0.0017-May-2017 23,378.00 8.60% 5.51 93.64 0.00 0.00 23,378.00 23,471.64 0.0018-May-2017 23,378.00 8.60% 5.51 99.15 0.00 0.00 23,378.00 23,477.15 0.0019-May-2017 23,378.00 8.60% 5.51 104.66 0.00 0.00 23,378.00 23,482.66 0.0020-May-2017 23,378.00 8.60% 5.51 110.16 0.00 0.00 23,378.00 23,488.16 0.0021-May-2017 23,378.00 8.60% 5.51 115.67 0.00 0.00 23,378.00 23,493.67 0.0022-May-2017 23,378.00 8.60% 5.51 121.18 0.00 0.00 23,378.00 23,499.18 0.0023-May-2017 23,378.00 8.60% 5.51 126.69 0.00 0.00 23,378.00 23,504.69 0.0024-May-2017 23,378.00 8.60% 5.51 132.20 0.00 0.00 23,378.00 23,510.20 0.0025-May-2017 23,378.00 8.60% 5.51 137.71 0.00 0.00 23,378.00 23,515.71 0.0026-May-2017 23,378.00 8.60% 5.51 143.21 0.00 0.00 23,378.00 23,521.21 0.0027-May-2017 23,378.00 8.60% 5.51 148.72 0.00 0.00 23,378.00 23,526.72 0.0028-May-2017 23,378.00 8.60% 5.51 154.23 0.00 0.00 23,378.00 23,532.23 0.0029-May-2017 23,378.00 8.60% 5.51 159.74 0.00 0.00 23,378.00 23,537.74 0.0030-May-2017 23,378.00 8.60% 5.51 165.25 0.00 0.00 23,378.00 23,543.25 0.0031-May-2017 23,378.00 8.60% 5.51 170.76 0.00 0.00 23,378.00 23,548.76 0.00

1-Jun-2017 23,378.00 8.60% 5.51 176.26 0.00 0.00 23,378.00 23,554.26 0.002-Jun-2017 23,378.00 8.60% 5.51 181.77 0.00 0.00 23,378.00 23,559.77 0.003-Jun-2017 23,378.00 8.60% 5.51 187.28 0.00 0.00 23,378.00 23,565.28 0.004-Jun-2017 23,378.00 8.60% 5.51 192.79 0.00 0.00 23,378.00 23,570.79 0.005-Jun-2017 23,378.00 8.60% 5.51 198.30 0.00 0.00 23,378.00 23,576.30 0.006-Jun-2017 23,378.00 8.60% 5.51 203.80 0.00 0.00 23,378.00 23,581.80 0.007-Jun-2017 23,378.00 8.60% 5.51 209.31 0.00 0.00 23,378.00 23,587.31 0.008-Jun-2017 23,378.00 8.60% 5.51 214.82 0.00 0.00 23,378.00 23,592.82 0.009-Jun-2017 23,378.00 8.60% 5.51 220.33 0.00 0.00 23,378.00 23,598.33 0.00

10-Jun-2017 23,378.00 8.60% 5.51 225.84 0.00 0.00 23,378.00 23,603.84 0.0011-Jun-2017 23,378.00 8.60% 5.51 231.35 0.00 0.00 23,378.00 23,609.35 0.0012-Jun-2017 23,378.00 8.60% 5.51 236.85 0.00 0.00 23,378.00 23,614.85 0.0013-Jun-2017 23,378.00 8.60% 5.51 242.36 0.00 0.00 23,378.00 23,620.36 0.0014-Jun-2017 23,378.00 8.60% 5.51 247.87 0.00 0.00 23,378.00 23,625.87 0.0015-Jun-2017 23,378.00 8.60% 5.51 253.38 0.00 0.00 23,378.00 23,631.38 0.0016-Jun-2017 23,378.00 8.60% 5.51 258.89 0.00 0.00 23,378.00 23,636.89 0.0017-Jun-2017 23,378.00 8.60% 5.51 264.40 0.00 0.00 23,378.00 23,642.40 0.00