How to Calculate Loan Payments with Excel PMT Function

http://www.contextures.com/excelpmtfunction.html Visit this page for written instructions, and to download the sample file.

To calculate a loan payment in Excel, you can use the PMT function. The PMT function calculates the payment for a loan that has constant payments and a constant interest rate.

Enter an interest rate, the number of payments, and the loan amount on the worksheet. Then, refer to those cells in the PMT formula.

Watch this short video to see the steps for setting up a...

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From: Contextures Inc.

Related topics : loan payment calculator excel / interest rates loan / calculating loan interest

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Get the spreadsheet here: http://investexcel.net/auto-loan-payment-calculator

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It comprises of both Flat and Diminishing Interest calculations.

Very useful for any financial transactions and a handy application to have for quick calculations...

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From: appwings

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From: RealtyJuggler

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From: i Mortgage Calculator

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