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You and Excel: BFFs Forever... When It Comes to Mortgages?
Let's face it, adulting is a bumpy ride. Between the neverending bills and the mystery of where all your socks go, there's the Mount Everest of financial decisions: the mortgage. But fear not, intrepid homebuyer! Buckle up, because we're about to embark on a quest to slay the mortgage beast with our trusty steed, Microsoft Excel.
Why Excel, You Ask? Because Let's Be Honest...
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- Financial Advisors Charge an Arm and a Leg: Sure, they're experts. But hey, who needs a fortune teller when you have a spreadsheet, right?
- Online Calculators Are Sketchy: Do you really trust some random website with your financial future? Didn't think so.
- You Like Feeling Powerful: Whip out that Excel document at the next dinner party and watch jaws drop. "Oh, you just refinance your house? Cute. I built a financial fortress from scratch."
Okay, Okay, You're Convinced. But How Do We Do This?
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How To Mortgage Calculator Excel |
Step 1: Summoning the Spreadsheet Gods
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- Open Excel. Yes, the one with the green grid that brings back memories of high school math class.
- Take a deep breath. You got this.
Step 2: Labeling Like a Pro
- This is where things get exciting! In cell A1, type "Loan Amount" and feel the surge of financial responsibility.
- In cell B1, key in that dream house number (and try not to faint).
Step 3: Let's Get Technical (Kind Of)
- In cell A2, type "Interest Rate."