Getting out of debt is the first step toward financial independence. If you purchased or sold anything via an Agreement for Deed, but the borrower has so far not paid the monthly payments stated in the loan arrangement, using the amortization schedule calculation in Excel with irregular payments may be of assistance. It is a current loan amount when the borrower made payments that were different from those specified in the original loan conditions.
This article will guide you through the process of calculating the amortization schedule with irregular payments in Excel.