Loan assumptions together
Keep principal, annual rate and term visible.
Original editable file
Mortgage payment model
Explore a fixed-rate mortgage-style payment schedule with visible loan assumptions. Use WPS Spreadsheets to understand the calculation and its exclusions. Download the original editable starter to work through the example.
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Original English XLSX starter included. Edit in WPS Spreadsheets; advanced features vary by version and platform.
See how it works
An editable starting pointSpreadsheets
Using WPS Office
How to get started
Install WPS Office, then follow these steps in the app. This webpage does not edit or convert your files.
- 1
Enter the fixed-rate assumptions
Use monthly payments and the stated nominal rate.
- 2
Review the payment calculation
Check the result before reading the schedule.
- 3
Compare with lender terms
Account for fees, taxes, insurance and timing differences separately.
About this workflow
Inspect principal and interest in a monthly model
Use WPS Spreadsheets to work on the file, review the details and save the result in a suitable format.
Payment components
Separate interest from principal reduction.
A declining balance
Inspect how the remaining principal changes.
File formats
XLSXPDF
Edit in WPS Office. Save a copy to share.Original editable file
Download the starter file
Original mortgage payment model example with task instructions and editable inputs.
This editable sample is in English. Open it in WPS Office and replace the example content with your own. The starter file is separate from the WPS app download.
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Help and information
Frequently asked questions
This page downloads WPS Office. Features vary by platform, version and plan.
What should I check when using this mortgage payment model?
This illustrative model excludes escrow, fees, variable rates and daily accrual. It is not a mortgage quote or lending recommendation.
What does the starter include?
An original XLSX example with payment, opening principal usd, payment usd, interest usd, principal usd, fictional records and task instructions. Replace the example inputs with your own verified information.
Where does editing happen?
Open the downloaded file in WPS Spreadsheets. This page does not upload or process your workbook. Keep an original copy, inspect formulas and save the reviewed result in the format your workflow needs.
What happens when I select the download button?
On Windows or macOS, WPS starts the app download. On Linux, copy the installation command or choose a manual package. On iPhone, iPad, Android or Chromebook, continue to the appropriate app store. This page does not upload, convert or edit your files.
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Original English XLSX starter included. Edit in WPS Spreadsheets; advanced features vary by version and platform.