![]() ![]() This template will be of great help to students, bankers, financial planners, and all types of lenders and borrowers who are looking forward to taking or giving away a loan.ĭownload Excel Template Download Excel Templateįor: Excel 2007 or later License: Private Use This calculator is a little bit different from the general amortization table as the general one assumes every month is 30 days and every year is 360 days, whereas the Actual/360 method takes the actual number of days in a month into consideration.ĭownload our free Actual/360 Amortization Calculator template to generate your own amortization schedule following the Actual/360 method and read the article below to learn how to use this efficiently. This amortization table would give the user his/her required regular payment, interest paid, principal paid, and balance after each payment. The Actual/360 amortization calculator is a great tool to visualize one’s loan repayment process when interest is calculated while considering the actual number of days in a month and year is assumed as 360 days. Get FREE Advanced Excel Exercises with Solutions!
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