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Updated over 5 years ago on . Most recent reply

Trish Giassa's profile image
Trish Giassa's profile image
Trish Giassa
  • Member since Feb 5, 2019

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Trish Giassa's profile image
Trish Giassa's profile image
Trish Giassa
  • Member since Feb 5, 2019
Trish Giassa
6
Votes |
13
Posts
Private Lending & Conventional Mortgage Advice

Amortization schedule help needed

Trish Giassa
Posted

Hello! 

I hold a small mortgage and the borrower just made a payment to principal. 

Now I need to update the amortization schedule but have no idea how to do that without changing the payment amount.  

Can anyone help me with this?

TIA!  Trish

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Todd Rasmussen's profile image
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Todd Rasmussen
  • Rental Property Investor
  • from Clarksville, TN
  • Member since Nov 12, 2016

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Todd Rasmussen's profile image
Todd Rasmussen's profile image
Todd Rasmussen
  • Rental Property Investor
  • from Clarksville, TN
  • Member since Nov 12, 2016
Todd Rasmussen
  • Rental Property Investor
  • Clarksville, TN
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Todd Rasmussen
  • Rental Property Investor
  • Clarksville, TN
Replied

Depends on how the schedule is being calculated. Are you using excel?

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