Somewhat Mortgage Related-Amortization Schedule?
I am hoping Dave is able to help with this one...(thank you for all that you do in educating and helping everyone here, especially the lurkers who you never "meet".)
Does anyone have or know where I can find an amortization schedule for a mortgage loan that allows me to input random principal payments on dates different from the payment due date?
For example, if the loan payment is due on the 1st of every month and is paid by automatic payment, then I decide to pay an extra $250 on the 7th of this month and then another $750 on the 25th of next month, is there a way to calculate the interest I am saving?
I have searched high and low on the internet without being able to find a spreadsheet that allows for manipulation of the principal payment dates (they all make it payable with the regular due date only).
Thanks in advance for any help!!