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Viji_Ninan's avatar
Viji_Ninan
Copper Contributor
Aug 05, 2020
Solved

an excel formula

Is there any way to find the foreclosure value of a loan on a given period from a loan repayment table (amt varies through months) through IRR method in a single formula or a combination of formulas ...
excel
Formulas and Functions
  • Ramiz_Assaf's avatar
    Ramiz_Assaf
    Aug 05, 2020

    Viji_Ninan 

    You can find the PV of the paid loan installment

    then see how much is left from the loan and send it to the month needed.

     this would be the amount needed.

    see the file

Viji_Ninan's avatar
Viji_Ninan
Copper Contributor
Aug 05, 2020

Sir, Thank you the quick feedback

 

I am attaching an excel file  . Will it be possible to find the high lighted answer through single formula or group of combination of formulas

 

Thanks 🙂

 

Ramiz_Assaf's avatar
Ramiz_Assaf
Iron Contributor
Aug 06, 2020

Viji_Ninan 

 

The answer in month 6 shouldn't always be 2350 .

It depends on the payments before

 

anyways the NPV  at 0 or FV at month 12 should be 0

  • Viji_Ninan's avatar
    Viji_Ninan
    Copper Contributor
    Aug 06, 2020

    Ramiz_Assaf 

     

     

    Thanks for the quick reply

     

    My question was also the same

     

    If the Monthly repayment is irregular (i.e 1st Month 500, 2nd Month, 475, 3rd Month 300....) what will be the F.A for the 7th  Months

     

    From the table , since the  repayment is constant (i.e 428/-) the F.A was arrived to  2531 for the 7th month.

     

    How  would we calculate with a  formula or series of formulas to arrive in a single cell , if the repayment is not constant.

     

    Regards

    Thanks