Daily Loan Principal & Interest Calculation Spreadsheet

#VALUE! 24-Dec-2018

D-H & Associates Consulting

This spreadsheet shows in daily detail the effect of amounts and timing of fees and loan
payments on a fixed rate loan. This sheet can be helpful in understanding the effects of
late and early payments and fees. This spreadsheet is intended to be an educational
tool. It is not intended to be a basis for financial or other important decisions.

A financial institution’s computer system may output slightly different results based on
how that system has been programmed to calculate. As with any utility tool like this the
user should validate it before using it to make decisions.
The inputs to the table are highlighted in blue text.
Spreadsheet
Daily Loan Principal & Interest Calculation Spreadsheet
#VALUE! 24-Dec-2018

Beginning Balance: $1,288,750.00 APR: 21.00% Daily: 0.057534%

Beginning day of Loan 30-Jul-2018 Maturity: 36 mos = 3 years
First payment date Payment: ###
System digit truncation: 8 digits
Required inputs in the table are the amounts of fees and payments, input on the days they were charged or paid.
Interest
Beginning Fees Interest Accrued Cumulative Interest Fees Interest Principal Remaining Balance + Interest Total Interest
Date Balance Chgd Rate each Day Accrued Payment Paid Paid Paid Balance Due Paid
30-Jul-2018 1,288,750.00 21.00% 0.00 0.00 0.00 0.00 0.00 0.00 1,288,750.00 1,288,750.00 0.00
31-Jul-2018 1,288,750.00 21.00% 741.47 741.47 0.00 0.00 1,288,750.00 1,289,491.47 0.00
1-Aug-2018 1,288,750.00 21.00% 741.47 1,482.95 0.00 0.00 1,288,750.00 1,290,232.95 0.00
2-Aug-2018 1,288,750.00 21.00% 741.47 2,224.42 0.00 0.00 1,288,750.00 1,290,974.42 0.00
3-Aug-2018 1,288,750.00 21.00% 741.47 2,965.89 0.00 0.00 1,288,750.00 1,291,715.89 0.00
4-Aug-2018 1,288,750.00 21.00% 741.47 3,707.36 0.00 0.00 1,288,750.00 1,292,457.36 0.00
5-Aug-2018 1,288,750.00 21.00% 741.47 4,448.84 0.00 0.00 1,288,750.00 1,293,198.84 0.00
6-Aug-2018 1,288,750.00 21.00% 741.47 5,190.31 0.00 0.00 1,288,750.00 1,293,940.31 0.00
7-Aug-2018 1,288,750.00 21.00% 741.47 5,931.78 0.00 0.00 1,288,750.00 1,294,681.78 0.00
8-Aug-2018 1,288,750.00 21.00% 741.47 6,673.25 0.00 0.00 1,288,750.00 1,295,423.25 0.00
9-Aug-2018 1,288,750.00 21.00% 741.47 7,414.73 0.00 0.00 1,288,750.00 1,296,164.73 0.00
10-Aug-2018 1,288,750.00 21.00% 741.47 8,156.20 0.00 0.00 1,288,750.00 1,296,906.20 0.00
11-Aug-2018 1,288,750.00 21.00% 741.47 8,897.67 0.00 0.00 1,288,750.00 1,297,647.67 0.00
12-Aug-2018 1,288,750.00 21.00% 741.47 9,639.14 0.00 0.00 1,288,750.00 1,298,389.14 0.00
13-Aug-2018 1,288,750.00 21.00% 741.47 10,380.62 0.00 0.00 1,288,750.00 1,299,130.62 0.00
14-Aug-2018 1,288,750.00 21.00% 741.47 11,122.09 0.00 0.00 1,288,750.00 1,299,872.09 0.00
15-Aug-2018 1,288,750.00 21.00% 741.47 11,863.56 0.00 0.00 1,288,750.00 1,300,613.56 0.00
16-Aug-2018 1,288,750.00 21.00% 741.47 12,605.03 0.00 0.00 1,288,750.00 1,301,355.03 0.00
17-Aug-2018 1,288,750.00 21.00% 741.47 13,346.51 0.00 0.00 1,288,750.00 1,302,096.51 0.00
18-Aug-2018 1,288,750.00 21.00% 741.47 14,087.98 0.00 0.00 1,288,750.00 1,302,837.98 0.00
19-Aug-2018 1,288,750.00 21.00% 741.47 14,829.45 0.00 0.00 1,288,750.00 1,303,579.45 0.00
20-Aug-2018 1,288,750.00 21.00% 741.47 15,570.92 0.00 0.00 1,288,750.00 1,304,320.92 0.00
21-Aug-2018 1,288,750.00 21.00% 741.47 16,312.40 0.00 0.00 1,288,750.00 1,305,062.40 0.00
22-Aug-2018 1,288,750.00 21.00% 741.47 17,053.87 0.00 0.00 1,288,750.00 1,305,803.87 0.00
23-Aug-2018 1,288,750.00 21.00% 741.47 17,795.34 0.00 0.00 1,288,750.00 1,306,545.34 0.00
24-Aug-2018 1,288,750.00 21.00% 741.47 18,536.82 0.00 0.00 1,288,750.00 1,307,286.82 0.00
25-Aug-2018 1,288,750.00 21.00% 741.47 19,278.29 0.00 0.00 1,288,750.00 1,308,028.29 0.00
26-Aug-2018 1,288,750.00 21.00% 741.47 20,019.76 0.00 0.00 1,288,750.00 1,308,769.76 0.00
27-Aug-2018 1,288,750.00 21.00% 741.47 20,761.23 0.00 0.00 1,288,750.00 1,309,511.23 0.00
28-Aug-2018 1,288,750.00 21.00% 741.47 21,502.71 0.00 0.00 1,288,750.00 1,310,252.71 0.00
29-Aug-2018 1,288,750.00 21.00% 741.47 22,244.18 0.00 0.00 1,288,750.00 1,310,994.18 0.00
30-Aug-2018 1,288,750.00 21.00% 741.47 22,985.65 0.00 0.00 1,288,750.00 1,311,735.65 0.00
31-Aug-2018 1,288,750.00 21.00% 741.47 23,727.12 0.00 0.00 1,288,750.00 1,312,477.12 0.00
1-Sep-2018 1,288,750.00 21.00% 741.47 24,468.60 0.00 0.00 1,288,750.00 1,313,218.60 0.00
2-Sep-2018 1,288,750.00 21.00% 741.47 25,210.07 0.00 0.00 1,288,750.00 1,313,960.07 0.00
3-Sep-2018 1,288,750.00 21.00% 741.47 25,951.54 0.00 0.00 1,288,750.00 1,314,701.54 0.00
4-Sep-2018 1,288,750.00 21.00% 741.47 26,693.01 0.00 0.00 1,288,750.00 1,315,443.01 0.00
5-Sep-2018 1,288,750.00 21.00% 741.47 27,434.49 0.00 0.00 1,288,750.00 1,316,184.49 0.00
6-Sep-2018 1,288,750.00 21.00% 741.47 28,175.96 0.00 0.00 1,288,750.00 1,316,925.96 0.00
7-Sep-2018 1,288,750.00 21.00% 741.47 28,917.43 0.00 0.00 1,288,750.00 1,317,667.43 0.00
8-Sep-2018 1,288,750.00 21.00% 741.47 29,658.90 0.00 0.00 1,288,750.00 1,318,408.90 0.00
9-Sep-2018 1,288,750.00 21.00% 741.47 30,400.38 0.00 0.00 1,288,750.00 1,319,150.38 0.00
10-Sep-2018 1,288,750.00 21.00% 741.47 31,141.85 0.00 0.00 1,288,750.00 1,319,891.85 0.00
11-Sep-2018 1,288,750.00 21.00% 741.47 31,883.32 0.00 0.00 1,288,750.00 1,320,633.32 0.00
12-Sep-2018 1,288,750.00 21.00% 741.47 32,624.79 0.00 0.00 1,288,750.00 1,321,374.79 0.00
13-Sep-2018 1,288,750.00 21.00% 741.47 33,366.27 0.00 0.00 1,288,750.00 1,322,116.27 0.00
14-Sep-2018 1,288,750.00 21.00% 741.47 34,107.74 0.00 0.00 1,288,750.00 1,322,857.74 0.00
15-Sep-2018 1,288,750.00 21.00% 741.47 34,849.21 0.00 0.00 1,288,750.00 1,323,599.21 0.00
16-Sep-2018 1,288,750.00 21.00% 741.47 35,590.68 0.00 0.00 1,288,750.00 1,324,340.68 0.00