Amortize Loan

Shows a summarized amortization table for each future year remaining on the loan.
The amortization uses interest rates in the future if they were set in RATES, YIELDS, CURRENCIES so you can see how future rate changes will affect your loan payments assuming a fixed amortization period and no prepayments.

The TIME MACHINE will use this amortization table and recalculate as required.
Future changes in interest rates will affect the payment amount and not the amortization length. Prepayments will affect the amortization length, but not the payment amount.
Prepayments can occur if you have funds at the end of the year that can be used to prepay part of the loan without penalty. Please see the PRIORITIES help pages for details.