40 Time-Value-of-Money and Amortization Worksheets
Generating an Amortization Schedule for Interest and
Balloon Payment
If the sellers financed the sale, they would receive:
• Monthly payment: $545.55 for five years
• Interest: $27,790.72 over the five years
• Balloon payment: $77,187.72
To Press Display
Select Amortization worksheet. & \
P1=
1.00
Enter end period (five years). #
5 & Z !
P2=
60.00
View balance due after five
years (balloon payment).
#
BAL=
77,187.72
View interest paid after five
years.
# #
INT=
-27,920.72
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