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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 ...
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
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
- just great. Thanks you
Regards/ Viji