Create a mortgage payment calculator in an Excel Spreadsheet, using the function PMT, IMPT and PPMT.
Showcase this hands-on experience in an interview
By the end of this project, you will learn how to create a mortgage payment calculator in an Excel Spreadsheet by using a free version of Microsoft Office Excel. Excel is a spreadsheet that is similar in layout as accounting spreadsheets. It consists of individual cells that can be used to build functions, formulas, tables, and graphs that easily organize and analyze large amounts of information and data. While a mortgage calculator helps you to see how extra payments effect your principal amount. We will learn to create a budget both automatically and manually, step by step. By utilizing Microsoft Excel, you will reduce the burden of working with your lender to create an early payoff plan. It will allow you to create your own payment plan for your timeline.
General computer skills
In a video that plays in a split-screen with your work area, your instructor will walk you through these steps:
Download Microsoft Office365 Excel Program and the go over the basic view of Excel
Create a mortgage payment calculator in Excel from a blank spreadsheet
Use the PMT Function
Use the PPMT function
Use the IPMT function
Your workspace is a cloud desktop right in your browser, no download required
In a split-screen video, your instructor guides you step-by-step
Because your workspace contains a cloud desktop that is sized for a laptop or desktop computer, Guided Projects are not available on your mobile device.
Guided Project instructors are subject matter experts who have experience in the skill, tool or domain of their project and are passionate about sharing their knowledge to impact millions of learners around the world.
You can download and keep any of your created files from the Guided Project. To do so, you can use the “File Browser” feature while you are accessing your cloud desktop.
At the top of the page, you can press on the experience level for this Guided Project to view any knowledge prerequisites. For every level of Guided Project, your instructor will walk you through step-by-step.
Yes, everything you need to complete your Guided Project will be available in a cloud desktop that is available in your browser.
You'll learn by doing through completing tasks in a split-screen environment directly in your browser. On the left side of the screen, you'll complete the task in your workspace. On the right side of the screen, you'll watch an instructor walk you through the project, step-by-step.
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