We may earn an affiliate commission when you visit our partners.
Summer Scaggs
By the end of this project, you will learn how to create a mortgage payment calculator in an Excel Spreadsheet by using a free version of Microsoft Office Excel.
Excel is a spreadsheet that is similar in layout as accounting spreadsheets. It consists of individual cells that can be used to build functions, formulas, tables, and graphs that easily organize and analyze large amounts of information and data.
Read more
By the end of this project, you will learn how to create a mortgage payment calculator in an Excel Spreadsheet by using a free version of Microsoft Office Excel.
Excel is a spreadsheet that is similar in layout as accounting spreadsheets. It consists of individual cells that can be used to build functions, formulas, tables, and graphs that easily organize and analyze large amounts of information and data.
Read more
By the end of this project, you will learn how to create a mortgage payment calculator in an Excel Spreadsheet by using a free version of Microsoft Office Excel.
Excel is a spreadsheet that is similar in layout as accounting spreadsheets. It consists of individual cells that can be used to build functions, formulas, tables, and graphs that easily organize and analyze large amounts of information and data.
While a mortgage calculator helps you to see how extra payments effect your principal amount. We will learn to create a budget both automatically and manually, step by step. By utilizing Microsoft Excel, you will reduce the burden of working with your lender to create an early payoff plan. It will allow you to create your own payment plan for your timeline.
Register for this course and see more details by visiting:
OpenCourser.com/course/dpciz8/create
What's inside
Syllabus
Project Overview
By the end of this project, you will learn how to create a mortgage payment calculator in an Excel Spreadsheet by using a free version of Microsoft Office Excel.
Good to know
Good to know
Know what's good ,
what to watch for , and
possible dealbreakers
Provides a step-by-step guide to creating a mortgage payment calculator in Microsoft Excel
Uses a hands-on approach to teach practical skills in financial planning
Save this course
Save Create a Mortgage Calculator in Excel to your list so you can find it easily later:
Save
Save
Activities
Be better prepared
before
your course. Deepen your understanding
during
and
after
it. Supplement your coursework and achieve mastery of the topics covered
in Create a Mortgage Calculator in Excel with these
activities:
Review the course syllabus and materials before the course begins
Show steps
Reviewing the course syllabus and materials before the course begins will help you get a head start on the material and identify any areas where you may need additional support.
Show steps
-
Read the course syllabus and make note of the topics that will be covered.
-
Review any assigned readings or materials.
Review the basics of Microsoft Office Excel
Show steps
Reviewing the basics of Microsoft Office Excel will help you build a strong foundation for creating a mortgage payment calculator.
Browse courses on
Microsoft Excel
Show steps
-
Read through the Microsoft Office Excel help documentation or watch tutorials on the basics of Excel.
-
Practice creating simple spreadsheets and performing basic calculations.
Read a book on financial planning or Excel
Show steps
Reading a book on financial planning or Excel will provide you with additional knowledge and insights that can help you create a more sophisticated mortgage payment calculator.
View
Excel 2019 Bible
on Amazon
Show steps
-
Find a book on financial planning or Excel that is recommended by your instructor or other students.
-
Read the book and take notes on the key concepts and techniques.
Five other activities
Expand to see all activities and additional details
Show all eight activities
Practice using Excel functions to perform financial calculations
Show steps
Practicing using Excel functions to perform financial calculations will help you develop proficiency in using Excel for financial tasks.
Browse courses on
Excel Functions
Show steps
-
Find a list of Excel functions that are commonly used for financial calculations.
-
Create a spreadsheet and practice using these functions to perform various financial calculations.
Follow tutorials on creating mortgage payment calculators in Excel
Show steps
Following tutorials on creating mortgage payment calculators in Excel will provide you with step-by-step instructions and examples.
Browse courses on
Excel Functions
Show steps
-
Search for tutorials on creating mortgage payment calculators in Excel.
-
Follow the instructions in the tutorial to create your own mortgage payment calculator.
Join a study group or online forum to discuss mortgage payment calculators and Excel
Show steps
Joining a study group or online forum will allow you to connect with other students and discuss mortgage payment calculators and Excel.
Browse courses on
Excel
Show steps
-
Find a study group or online forum that focuses on mortgage payment calculators or Excel.
-
Introduce yourself and ask questions about mortgage payment calculators or Excel.
-
Share your own knowledge and experiences with other members of the group.
Create a mortgage payment calculator in Excel
Show steps
Creating your own mortgage payment calculator in Excel will allow you to apply the skills you have learned and create a valuable tool for personal finance.
Browse courses on
Excel Functions
Show steps
-
Open Microsoft Office Excel and create a new spreadsheet.
-
Enter the loan amount, interest rate, loan term, and any additional payments you want to include.
-
Use Excel functions to calculate the monthly payment, total interest paid, and total cost of the loan.
-
Format the spreadsheet and add labels to make it easy to read and understand.
Create a blog post or article on mortgage payment calculators or Excel
Show steps
Creating a blog post or article on mortgage payment calculators or Excel will allow you to share your knowledge with others and reinforce your understanding of the concepts.
Browse courses on
Excel
Show steps
-
Choose a topic related to mortgage payment calculators or Excel that you are knowledgeable about.
-
Write a blog post or article that explains the topic in a clear and concise way.
-
Publish your blog post or article on a website or blog.
Review the course syllabus and materials before the course begins
Show steps
Reviewing the course syllabus and materials before the course begins will help you get a head start on the material and identify any areas where you may need additional support.
Show steps
Show steps
Show steps
- Read the course syllabus and make note of the topics that will be covered.
- Review any assigned readings or materials.
Review the basics of Microsoft Office Excel
Show steps
Reviewing the basics of Microsoft Office Excel will help you build a strong foundation for creating a mortgage payment calculator.
Browse courses on
Microsoft Excel
Show steps
Show steps
Show steps
- Read through the Microsoft Office Excel help documentation or watch tutorials on the basics of Excel.
- Practice creating simple spreadsheets and performing basic calculations.
Read a book on financial planning or Excel
Show steps
Reading a book on financial planning or Excel will provide you with additional knowledge and insights that can help you create a more sophisticated mortgage payment calculator.
View
Excel 2019 Bible
on Amazon
Show steps
Show steps
Show steps
- Find a book on financial planning or Excel that is recommended by your instructor or other students.
- Read the book and take notes on the key concepts and techniques.
Five other activities
Expand to see all activities and additional details
Show all eight activities
Practice using Excel functions to perform financial calculations
Show steps
Practicing using Excel functions to perform financial calculations will help you develop proficiency in using Excel for financial tasks.
Browse courses on
Excel Functions
Show steps
Show steps
Show steps
- Find a list of Excel functions that are commonly used for financial calculations.
- Create a spreadsheet and practice using these functions to perform various financial calculations.
Follow tutorials on creating mortgage payment calculators in Excel
Show steps
Following tutorials on creating mortgage payment calculators in Excel will provide you with step-by-step instructions and examples.
Browse courses on
Excel Functions
Show steps
Show steps
Show steps
- Search for tutorials on creating mortgage payment calculators in Excel.
- Follow the instructions in the tutorial to create your own mortgage payment calculator.
Join a study group or online forum to discuss mortgage payment calculators and Excel
Show steps
Joining a study group or online forum will allow you to connect with other students and discuss mortgage payment calculators and Excel.
Browse courses on
Excel
Show steps
Show steps
Show steps
- Find a study group or online forum that focuses on mortgage payment calculators or Excel.
- Introduce yourself and ask questions about mortgage payment calculators or Excel.
- Share your own knowledge and experiences with other members of the group.
Create a mortgage payment calculator in Excel
Show steps
Creating your own mortgage payment calculator in Excel will allow you to apply the skills you have learned and create a valuable tool for personal finance.
Browse courses on
Excel Functions
Show steps
Show steps
Show steps
- Open Microsoft Office Excel and create a new spreadsheet.
- Enter the loan amount, interest rate, loan term, and any additional payments you want to include.
- Use Excel functions to calculate the monthly payment, total interest paid, and total cost of the loan.
- Format the spreadsheet and add labels to make it easy to read and understand.
Create a blog post or article on mortgage payment calculators or Excel
Show steps
Creating a blog post or article on mortgage payment calculators or Excel will allow you to share your knowledge with others and reinforce your understanding of the concepts.
Browse courses on
Excel
Show steps
Show steps
Show steps
- Choose a topic related to mortgage payment calculators or Excel that you are knowledgeable about.
- Write a blog post or article that explains the topic in a clear and concise way.
- Publish your blog post or article on a website or blog.
Career center
Learners who complete Create a Mortgage Calculator in Excel will develop knowledge and skills
that may be useful to these careers:
Financial Analyst
Financial Analyst
Financial Analysts study an organization's financial performance and advise on decisions relating to investments, budgeting, and other financial matters. This course introduces Microsoft Excel, a powerful spreadsheet software widely used by Financial Analysts. By developing proficiency in Excel, learners gain a foundational skill for analyzing and interpreting large amounts of financial data, which will greatly benefit them in their roles as Financial Analysts.
Budget Analyst
Budget Analyst
Budget Analysts plan, develop, and manage budgets for organizations, ensuring that financial resources are allocated effectively. By learning Excel in this course, Budget Analysts enhance their ability to create and maintain detailed budgets, track expenses, and analyze financial performance. This skillset is essential for success in budget management.
Loan Officer
Loan Officer
Loan Officers assist individuals and businesses in obtaining loans, advising them on loan options and managing the loan application process. Excel proficiency, highlighted in this course, is crucial for Loan Officers to calculate loan terms, interest rates, and monthly payments accurately. This allows them to provide informed advice and facilitate efficient loan processing for their clients.
Mortgage Broker
Mortgage Broker
Mortgage Brokers help clients secure mortgages from lenders. A solid understanding of Excel, as gained in this course, is essential for Mortgage Brokers to evaluate loan applications, calculate monthly payments, and compare different loan products. It enables them to offer tailored mortgage solutions and guide clients throughout the mortgage financing process.
Financial Planner
Financial Planner
Financial Planners provide individuals and families with advice on financial planning, including budgeting, investments, and retirement planning. By learning Excel in this course, Financial Planners enhance their ability to create financial models, analyze investment performance, and develop personalized financial plans for their clients.
Accountant
Accountant
Accountants prepare and maintain financial records, ensuring that financial information is accurate and compliant with regulations. Proficiency in Excel, emphasized in this course, is a valuable skill for Accountants as it enables them to analyze financial data, create financial reports, and perform audits efficiently.
Data Analyst
Data Analyst
Data Analysts collect, analyze, and interpret data to identify patterns and trends, providing valuable insights to businesses. Excel plays a significant role in data analysis, and this course equips Data Analysts with the necessary skills to manipulate and visualize data, perform statistical analysis, and communicate their findings effectively.
Business Analyst
Business Analyst
Business Analysts work with stakeholders to understand business needs and develop solutions to improve efficiency and effectiveness. Excel expertise, as covered in this course, allows Business Analysts to conduct data analysis, create financial projections, and build business models, enabling them to make informed recommendations and drive business improvements.
Financial Risk Manager
Financial Risk Manager
Financial Risk Managers identify, assess, and mitigate financial risks faced by organizations. This course introduces Excel, a vital tool for analyzing financial data and developing risk models. By gaining proficiency in Excel, Financial Risk Managers enhance their ability to quantify and manage financial risks effectively.
Operations Research Analyst
Operations Research Analyst
Operations Research Analysts use analytical techniques, including mathematical modeling and optimization, to solve complex business problems. Excel proficiency, highlighted in this course, is highly beneficial for Operations Research Analysts as it enables them to build and analyze mathematical models, simulate scenarios, and optimize business processes.
Statistician
Statistician
Statisticians collect, analyze, and interpret data to draw meaningful conclusions. This course provides a foundation in Excel, a powerful tool for statistical analysis. By mastering Excel, Statisticians enhance their ability to perform complex statistical calculations, create data visualizations, and develop predictive models.
Auditor
Auditor
Auditors examine and evaluate financial records to ensure accuracy and compliance with regulations. Excel proficiency, gained in this course, is vital for Auditors as it allows them to analyze financial transactions, identify irregularities, and prepare audit reports.
Tax Accountant
Tax Accountant
Tax Accountants prepare and file tax returns, ensuring compliance with tax laws and regulations. Excel expertise, covered in this course, is essential for Tax Accountants as it enables them to calculate taxes accurately, prepare financial statements, and analyze tax implications for individuals and businesses.
Insurance Actuary
Insurance Actuary
Insurance Actuaries assess and manage financial risks associated with insurance policies. Proficiency in Excel, gained in this course, is highly beneficial for Insurance Actuaries as it enables them to analyze insurance data, develop pricing models, and evaluate the financial impact of insurance products.
Financial Controller
Financial Controller
Financial Controllers oversee the financial operations of organizations, ensuring financial stability and compliance. Excel mastery, highlighted in this course, is crucial for Financial Controllers as it empowers them to monitor financial performance, prepare financial reports, and develop financial strategies to achieve organizational goals.
For more career information including salaries, visit:
OpenCourser.com/course/dpciz8/create
Reading list
We've selected six books
that we think will supplement your
learning. Use these to
develop background knowledge, enrich your coursework, and gain a
deeper understanding of the topics covered in
Create a Mortgage Calculator in Excel.
Save
This handbook offers practical advice and guidance on mortgage planning, including budgeting, selecting the right loan, and managing payments, complementing the course's focus on creating a mortgage payment calculator.
As the course utilizes Microsoft Excel, this book provides a solid foundation in Excel's functions and features, making it a valuable resource for navigating the software effectively.
Offers insights into financial concepts and analysis, providing a broader understanding of financial decision-making, which can be beneficial in managing mortgage finances.
Save
This comprehensive reference book provides in-depth coverage of Excel's functions and applications, making it a valuable resource for advanced users who want to explore more complex mortgage calculations.
Similar to 'Mortgage Math,' this book provides a practical guide to mortgages, offering insights into different types, rates, and strategies, complementing the course's emphasis on mortgage calculations.
While not directly related to mortgage calculations, this book provides a comprehensive guide to Excel VBA, which can be useful for automating tasks in the mortgage calculator and enhancing its functionality.
For more information about how these books relate to this course, visit:
OpenCourser.com/course/dpciz8/create
Share
Similar courses
Here are nine courses similar to
Create a Mortgage Calculator in Excel.
Create a Mortgage Payment Calculator in Google Sheets
OpenCourser.com/course/fgo9t0/create
Create a Mortgage Payment Calculator in Google Sheets
Most relevant
Introduction to Microsoft Excel
OpenCourser.com/course/12vl4j/introduction
Introduction to Microsoft Excel
Most relevant
Creating a Budget with Microsoft Excel
OpenCourser.com/course/wd7g6t/creating
Creating a Budget with Microsoft Excel
Most relevant
Work Smarter with Microsoft Excel
OpenCourser.com/course/1isrpq/work
Work Smarter with Microsoft Excel
Most relevant
Problem Solving Using Microsoft Excel
OpenCourser.com/course/0gwlv5/problem
Problem Solving Using Microsoft Excel
Most relevant
DV004: Spreadshee
OpenCourser.com/course/fjufx3/sayloracademy
DV004: Spreadshee
Most relevant
Excel for Beginners: Advanced Functions
OpenCourser.com/course/h3o0lr/excel
Excel for Beginners: Advanced Functions
Most relevant
Get Started with Spreadsheet Applications: Excel
OpenCourser.com/course/d1u0yc/get
Get Started with Spreadsheet Applications: Excel
Most relevant
Excel for Beginners: Beginner Functions
OpenCourser.com/course/iyezgs/excel
Excel for Beginners: Beginner Functions
Most relevant
Effort
1.5 hours
Level
Introductory
Via
Coursera
Institution
Coursera Project Network
Instructor
Summer Scaggs
Language
English
Good to know
Provides a step-by-step guide to creating a mortgage payment calculator in Microsoft Excel
Uses a hands-on approach to teach practical skills in financial planning
Our mission
OpenCourser helps millions of learners each year. People visit us to learn workspace skills, ace their exams, and nurture their curiosity.
Our extensive catalog contains over 50,000 courses and twice as many books. Browse by search, by topic, or even by career interests. We'll match you to the right resources quickly.
Find this site helpful? Tell a friend about us.
Affiliate disclosure
We're supported by our community of learners. When you purchase or subscribe to courses and programs or purchase books, we may earn a commission from our partners.
Your purchases help us maintain our catalog and keep our servers humming without ads.
Thank you for supporting OpenCourser.
© 2016 - 2024 OpenCourser