Mortgage Calculator

Amortization Calculator Excel |Compensating Balance|





We are going to learn how to make an amortization calculator in excel when you get a loan with a compensating balance requirement, What this means is that the bank does not trust you to pay your loan or you just wanted to get a better rate for the loan that you are asking for, so in order to feel better, they take away some of your money (the money that they are lending you) to secure a payment or several payments, that is because they do not trust you or just to get ahead of the negotiation. Whatever reason that may be, you need to know what the final rate you are paying, and that is what I am showing you in this video.

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1 comment

  1. Gracias !!
    Saludos !
    Thanks a lot !

    Reply

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