Learn how to build an amortization dashboard in spreadsheets with financial and conditional formulas.

4 Hours13 Videos56 Exercises

or

## Course Description

A loan amortization schedule sounds like something that's only used by bankers and financial traders, right? Wrong! In this course, we'll be looking at the key financial formulas in Google Sheets that you can use to investigate your own loans, like student loans, car loans, and mortgages. We'll build up a dashboard in Google Sheets which uses visualizations and conditional formulas to produce presentation-ready spreadsheets which will impress any finance manager!
1. 1

### Introduction to Financial Concepts in Google Sheets

Free

In this first chapter, you will learn all the basic financial formulas in Google Sheets that are needed to build up your first loan amortization spreadsheet for a student loan. This chapter will introduce calculations for principal payment, interest and principal at a given point in time.

Play Chapter Now
Introduction to loan amortization
50 xp
100 xp
Paying off your student loan in 1 year
100 xp
Guess the right payment
100 xp
Calculation of monthly payments
50 xp
50 xp
Inputs for an annual loan
100 xp
Inputs for a monthly loan.
100 xp
Entering the PMT() formula
100 xp
Calculation of interest and principal payments
50 xp
Using the IPMT() function
100 xp
Using the PPMT() function
100 xp
Amortization table with two periods
100 xp
2. 2

### Creating an Amortization Schedule

This chapter is focused on extending the payment formulas to the full length of a loan. By the end of the chapter, you will be able to create a fully functional schedule and will be able to verify the accuracy of the calculations on the schedule.

3. 3

### Making a Loan Amortization Dashboard

This chapter is about taking the amortization schedule that you created in Chapter 2 and converting it into a fully functional loan dashboard which can be used by end users. You will create line and bar graphs, as well as using input controls and cell protection to ensure that end users will only be able to change what you want them to change!

4. 4

### Non-standard amortization schedules

The final chapter introduces real-world adjustments which are made to amortization schedules. These sorts of adjustments include upfront fees and lump sum payments. The course finishes by talking about floating rate mortgages, the maximum interest rate on floating loans and negative amortization.

In the following tracks

Collaborators

Brent Allen

Brent has held a wide variety of roles across a wide array of businesses ranging from world-class banking institutions to local real estate companies. With over 20 years of experience in spreadsheets and programming, along with an MBA from Queen's University and a Chartered Professional Accountant designation, he has built hundreds of financial spreadsheets and processes over his career. Hailing from Toronto, he supports the local basketball team, commiserates the local hockey team and knows more about Gen 1 Pokemon than he cares to admit to.
See More