All Industries, General Excel Financial Models |
Cost Calculation, Excel, Financial Planning, Free Financial Model Templates, Pricing |
General overview
The template is constructed to calculate the credit sales for all industries but is 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 the financing period
The template is a fully editable/customizable model
Inputs
Update the general info on 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
Conclusion and customization
Highly versatile, has a very sophisticated financial template, and is user-friendly.
If you have any inquiries, need help with modifications, or want to customize the model for your business case, please reach me through: [email protected]
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