Learn how to use the powerful Excel PMT Function to help you manage your loan payments and easily calculate detailed loan repayment schedules ...

=PMT (9.5%/12, 20*12, 5000000) Overall, you can use the PMT function to create budgets, compare loan offers, plan your monthly payments, and create an amortization table.

The PMT function in Excel is a financial function used to calculates the payment of a loan based on payments and interest rates. The formula for the PMT function is PMT (rate,nper,pv, [fv], [type]).

The PMT function is designed to calculate the periodic payment for a loan (assuming constant payments and interest rates). It's a fundamental tool for financial calculations in Excel.

The PMT function is an Excel Financial function that returns the periodic payment for an annuity. The formula for the PMT function is PMT (rate,nper,pv, [fv], [type]).

Microsoft's Excel program, widely used in business, comes with many built-in functions that perform mathematical and logical operations on spreadsheet data. In Excel, functions are simple formulas ...

Excel has over 475 formulas in its Functions Library, but we've selected the most popular, from date and time functions to mathematics and simple data manipulation.

Excel has a number of financial functions revolving around the periodic interest rate, which business owners may occasionally need to determine on certain investments.

This Technology Workshop illustrates how to leverage a number of functions to perform calculations in Excel involving the time value of money.

Learn how to calculate all the particulars of a loan using Excel and how to set up a schedule of repayment for a mortgage or any other loan.

You can't have too many Excel tips. These cover some handy shortcuts, and useful functions for calculation payments or generating random numbers.