House Buying
I'm in the process of buying a house in Plano, TX. During this whole process I've been slowly building up a large excel spreadsheet that I based off the Loan Analysis spreadsheet template that Microsoft provides. I wrapped that with some global variables and some amortization tables and the result is a nice little spreadsheet to help you understand the whole "I'm up my eye-balls in debt" thing. Try it out here. I've removed my own personal information, or at least the juicy tidbits.
Update: 06/05/2006 I've added a cool feature where you can see precisely how much money you save by paying your principal down early. Go to the bottom of the Amortization tables to see it. Enter some values in the "Add'l Principal" column to see the effects.
Update: 06/05/2006 I've added a cool feature where you can see precisely how much money you save by paying your principal down early. Go to the bottom of the Amortization tables to see it. Enter some values in the "Add'l Principal" column to see the effects.
