Overview

General overview

 

The template is constructed to calculate the credit sales for all industries but mainly used for cars, light and heavy equipment

 

The template helps the user to calculate the interest on the financing amount (selling price – down payment)

 

This model is very simple to use by simply recording the down payment and interest on credit sales as well as financing period

The template is fully-editable / customizable model

Inputs

 

Update the general info in the Front Page

Enter the selling price

Enter the current year

Select the month

Enter the down payment %

Enter the interest rate per annum

Select the financing period

 

Outcome             

 

Interest amount by month

Total interest

Monthly payment

Loan balance every month

 

If you have any inquiry please contact us

Tags
Reviews Add a review
No reviews yet

More From ECF Consultancy

Browse our top rated business templates. See All
Business Review Meeting Excel Template
171
0
General overview The temple is a Business Review Meeting to be held monthly or quarterly. A business review meeting is…
Financial Analysis - 5 Years Plan & Valuation
677
3
General overview  The main idea of the model is to provide professional and successful financial presentation for the management showing…
Monthly Dynamic 3 Statements & Valuation
493
2
General Overview  The template contains the cash flow statement, the income statement, the balance sheet statement as well as ratios,…
Capital Budgeting Decision Model
761
16
General overview  The capital budgeting model is constructed to evaluate potential major projects or investments that would require capital budgeting…
Annual Operating Plan- AOP for Equipment Rental
976
0
General overview   The Annual Operating Plan (AOP) template is the best tools for planning of the operating activity of…
Board Resolution for Accepting Banking Offer
829
45
Download Board Resolution for Accepting Banking Offer
See All