Buying a home can be one of the most rewarding things in life, but taking on a 30 year fixed mortgage can be a bit scary. Keeping track of payments, interest and overall cost can be a bit overwhelming for most people. Using an excel template can help ease the stress of keeping everything for your 30 year fixed mortgage in order.
One can divide the document into sections by year. That way, one can see the interest growth per year, the payments and any anomalies. An excel template can make the next 30 years a bit more stress free because you can see everything relating to the mortgage in one document.