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    Re: Amortization 360 vs 365 Days

    Thanks. What is the difference between that formula and one used 30/360? I guess I am struggling with the correct formula to use for the various amortization schedules. I appreciate your help.
  2. Replies
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    68,072

    Re: Amortization 360 vs 365 Days

    Can you help me with the formulas on a actual/365 (fixed) loan amortization? Thanks. $20,000,000 loan; 3.25% interest rate; 25 year amortization; monthly payments
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