Hey guys! This video is a short tutorial on how to build an easy loan schedule, also known as an amortization table, which allows you to break down a loan by instalments and make smart decisions on how to pay debt off faster by reducing the term of the loan, the interest rate, making extra payments, or increasing the compounding by paying weekly instead of monthly. We also break down the table into principal, interest, and extra payment columns to make it easy to see what is happening at each and every loan instalment.

This table will be useful for any fixedterm loan, including student loans, auto loans, personal loans, or mortgage loans.

Updated video link:    • The Easiest Loan Amortization Schedul...  

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// TIMESTAMPS
► 0:00 Intro
► 1:11 Creating the Schedule
► 7:31 Changing the Principal, Interest, and Term
► 10:40 Making Additional Payments
► 12:11 Outro

Disclaimer:
I am not a financial adviser. This video is for education and entertainment purposes only. Seek professional help before making any investment decision.