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macrumors regular
Original poster
I've found a template for mortgage rates but it's very busy and I can't work out how to set it for interest only products.

Can anyone help? What formula do I need to find out the monthly payments on an interest-only mortgage if I know the loan amount and the interest rate?
 
If you don't want to reinvent the wheel, you can just go here. The website does what you are looking for without coding in Numbers.

Woof, Woof – Dawg
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