IPMT Function Archives

Excel Loan Calculator with Extra Payments (2 Examples)

Nov 29, 2022 Excel Formulas

In today’s world, loans are an inseparable part of our lives. Sometimes, we need to use the help of loans and instalments to buy our essential ...

Home Loan EMI Calculator with Reducing Balance in Excel

Jul 11, 2022 Excel Formulas

EMI, or Equated Monthly Installment the amount to be paid every month in the bank or other institution that over time makes up for the total loans ...

Car Loan Amortization Schedule in Excel with Extra Payments

Aug 4, 2022 Excel Formulas 2

If you are looking for some special tricks to create a car loan amortization schedule with extra payments in Excel, you've come to the right place. ...

Create Loan Amortization Schedule with Moratorium Period in Excel

Nov 28, 2022 Excel Formulas

If you are looking for Loan Amortization Schedule Excel with Moratorium Period, you have come to the right place. Here, we will walk you through 4 ...

How to Calculate Daily Simple Interest in Excel (3 Easy Ways)

Sep 29, 2022 Excel Formulas

In the banking and financial sectors, calculating daily simple interest is important. Excel can be extremely useful for calculating daily simple ...

Create Home Loan Calculator in Excel Sheet with Prepayment Option

Nov 28, 2022 Excel Formulas

This article shows you how to create a home loan calculator with a prepayment option in an Excel sheet. Using a home loan Excel calculator, you can ...

Reducing Balance EMI Calculator in Excel Sheet (Create with Easy Steps)

Jul 13, 2022 Excel Formulas

This article illustrates how to create a reducing balance EMI calculator excel sheet. The rate of interest diminishes with time in the case of loans ...

EMI Calculator with Prepayment Option in Excel Sheet (with Easy Steps)

Nov 28, 2022 Excel Formulas

When you’re dealing with your personal finance, you have to have clear knowledge about it. Not knowing general financial concepts can lead you to ...

Simple Interest Loan Calculator Using Formula in Excel (2 Examples)

Oct 2, 2022 Excel Formulas

Simple interest denotes the amount estimated from the principal amount of any loan taken from a bank or the initial contribution of any bank’s saving ...

How to Calculate Simple Interest on Reducing Balance in Excel

Nov 28, 2022 Excel Formulas

When you’re dealing with your personal finance, you have to have clear knowledge about it. Not knowing general financial concepts can lead you to ...

Amortization Schedule with Balloon Payment and Extra Payments in Excel

Aug 4, 2022 Excel for Finance

While working with banking procedures we use Microsoft Excel. Excel has many useful tools or formulas to compute any calculation. While taking a loan ...

How to Use Formula for Mortgage Principal and Interest in Excel

May 29, 2022 Excel for Finance

In this article, I will discuss how you can calculate the principal and interest for a mortgage using a formula in Microsoft Excel. Suppose a $90,000 ...

How to Use Formula for Car Loan Amortization in Excel (with Quick Steps)

Jan 5, 2023 Excel for Finance

We can easily calculate the car loan amortization by using the Microsoft Excel financial formulas. This is an easy task. While purchasing a car, ...

Mortgage Repayment Calculator with Offset Account and Extra Payments in Excel

May 29, 2022 Excel for Finance

While dealing with the loan related to the mortgage or simply mortgage, you may need to utilize the calculator for faster calculation. In this ...

How to Calculate Interest in Excel with Payments (3 Examples)

Nov 14, 2022 Excel Formulas

This article shows how to calculate interest in excel with payments using 3 practical examples. It also shows how to calculate mortgage payments, the ...