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Loan Payments
By Richard Rost   Richard Rost on LinkedIn Email Richard Rost   3 years ago

Tracking Loan Payments in Microsoft Access.

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In this video, I'm going to show you how to track loan payments in Microsoft Access. We will calculate the amount paid and the amount due for each loan. 

Bryce from Chula Vista, California (a Gold Member) asks: I need to track payments for loans that my company services. I have the loan amount, the start date of the loan, and the number of months. I don't need full loan amortization as that's already been figured out. I just need to generate a list of the monthly payments (amount divided by number of months) and track whether each payment has been made. How would I store this in Access?


Members will learn how to create the payment schedule automatically using a VBA loop. We will also see how to create a crosstab query to display the total payments due for all loans for each month, and how to export that query to Excel to share with others. We will also be very careful about rounding errors, and how to make sure the final loan payment includes and missing pennies. No Superman III issues here - or Office Space, depending on your preference. LOL.

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There was a small error in the original version of this video. It has been fixed. New stuff at time index 16:23.


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Comments for Loan Payments
Age Subject From
10 monthsStore SumDue label valueAgustin Simone
11 monthsLoan Payment Start DatesVas Varousiadis
15 monthsRuntime Error 3346Agustin Simone
2 yearsLoan PaymentAnthony Kritzinger
3 yearsDoCmdRunSQLBert Harmsma
3 yearsGreat videoKevin Robertson


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Copyright 2024 by Computer Learning Zone, Amicron, and Richard Rost. All Rights Reserved. Current Time: 4/15/2024 3:11:32 AM. PLT: 1s
Keywords: TechHelp Access loan payments, compute loans, track loans, pmt, loan tracking, loan management system, loan database template, loan database, automatic payment, amortization, rounding errors, missing a few cents, crosstab query  PermaLink  Loan Payments in Microsoft Access