I am trying to set up the amortization schedule for a home loan.
Interest is 2.69% and is calculated daily, charged monthly
loan is 19 years 4 months
payments every fortnight (about 26/year)
I have included the file.
sheet1 actual payments and interest upto end of december.
Sheet 2 calulation test page
Sheet 3 amortization schedule.
I have looked at a few sheets online and don't quite fit.
my schedule (sheet 3) isn't quite meeting the same figures as sheet 1 so I'm wondering where I'm going wrong
EDIT
I have uploaded an aditional file.
I got a lot sort but having trouble with consistancies.
formulas not being consistant, rounding not the same....
can someone please have a look at it for me