Here is the payment schedule in a condensed form for posting from my worksheet.
I have taken out the formulas as the data actually resides in another workbook.
My problem is with the updated schedule column. As you can see I have added the difference per month that needs to be paid in a flat line for the last five months. This works, however a better solution would be to increase the months with a larger original payment by a larger percentage increase than the months with a smaller payment.
For example Months 4 and 5 would instead of increasing from 108000 to 130385.72 they would increase from 108k to say 140k.
Correspondingly the remaining months increase would be less than currently stated.
I hope someone understands what I mean.
What I can't for the life of me figure out is the formula for cells E11 to E15 to make the increase relative to the original schedule.
I'be working for 18hours and need a break but it needs to be done for the morning, 6hours time.
Any help appreciated.
Book2 | |||||||
---|---|---|---|---|---|---|---|
A | B | C | D | E | |||
1 | TotalDifference | RemainingMonths | Diffpermonth | ||||
2 | 111,929 | 5 | 22,385.72 | ||||
3 | |||||||
4 | |||||||
5 | |||||||
6 | MonthlySplit | OriginalSchedule | ActualPaid | UpdatedSchedule | |||
7 | Deposit | 10.0% | 72000.00 | 79312.50 | 79312.50 | ||
8 | Month1 | 10.0% | 72000.00 | 14922.50 | 14922.50 | ||
9 | Month2 | 15.0% | 108000.00 | 74356.70 | 74356.70 | ||
10 | Month3 | 15.0% | 108000.00 | 79479.70 | 79479.70 | ||
11 | Month4 | 15.0% | 108000.00 | 0.00 | 130385.72 | ||
12 | Month5 | 15.0% | 108000.00 | 0.00 | 130385.72 | ||
13 | Month6 | 10.0% | 72000.00 | 0.00 | 94385.72 | ||
14 | Month7 | 7.5% | 54000.00 | 0.00 | 76385.72 | ||
15 | Month8 | 2.5% | 18000.00 | 0.00 | 40385.72 | ||
16 | Total | 720000.00 | 248071.40 | 720000.00 | |||
Sheet1 |
I have taken out the formulas as the data actually resides in another workbook.
My problem is with the updated schedule column. As you can see I have added the difference per month that needs to be paid in a flat line for the last five months. This works, however a better solution would be to increase the months with a larger original payment by a larger percentage increase than the months with a smaller payment.
For example Months 4 and 5 would instead of increasing from 108000 to 130385.72 they would increase from 108k to say 140k.
Correspondingly the remaining months increase would be less than currently stated.
I hope someone understands what I mean.
What I can't for the life of me figure out is the formula for cells E11 to E15 to make the increase relative to the original schedule.
I'be working for 18hours and need a break but it needs to be done for the morning, 6hours time.
Any help appreciated.