date formula and outstanding loans
i use this formula in excel to work out years and months left but does not work in sheets
=DATEDIF(0,I2,"y")&" years "&DATEDIF(0,I2,"ym")&" months "&DATEDIF(0,I2,"md")&" days"
what i am doing i have few out standing loans which i make reduced payments on i and need to see how many years i have till they are paid off
at present i have balance, monthly payments with the amount of years months left
also have a want if ie if pay X amount month want difference it makes
Answers
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Hi David,
It is possible to assemble a formula to replicate DATEDIF, but have you looked at the loan amortization in the smartsheet template gallery? Link below. There are a couple templates that might give you a complete solution.
Mark
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