IPMT Function Archives

How to Create Loan Calculator with Extra Payments in Excel

Sep 24, 2023

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 ...

How to Create Loan Calculator with Extra Payments in Excel

Home Loan EMI Calculator with Reducing Balance in Excel

May 10, 2023

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 ...

Home Loan EMI Calculator with Reducing Balance in Excel

Car Loan Amortization Schedule in Excel with Extra Payments

Apr 11, 2023

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. ...

Car Loan Amortization Schedule in Excel with Extra Payments

Create Loan Amortization Schedule with Moratorium Period in Excel

Nov 28, 2022

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 ...

Create Loan Amortization Schedule with Moratorium Period in Excel

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

Mar 13, 2023

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

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

Create Home Loan Calculator in Excel Sheet with Prepayment Option

Apr 11, 2023

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 ...

Create Home Loan Calculator in Excel Sheet with Prepayment Option

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

Apr 17, 2023

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 ...

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

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

Nov 28, 2022

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 ...

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

How to Calculate Simple Interest on Reducing Balance in Excel

Mar 13, 2023

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 ...

How to Calculate Simple Interest on Reducing Balance in Excel

Amortization Schedule with Balloon Payment and Extra Payments in Excel

Aug 4, 2022

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

Amortization Schedule with Balloon Payment and Extra Payments in Excel

How to Use Formula for Mortgage Principal and Interest in Excel

May 29, 2022

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 Mortgage Principal and Interest in Excel

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

Jan 5, 2023

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

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

Mortgage Repayment Calculator with Offset Account and Extra Payments in Excel

Feb 7, 2023

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

Mortgage Repayment Calculator with Offset Account and Extra Payments in Excel

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

May 7, 2023

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

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

How to Calculate Principal and Interest on a Loan in Excel

May 24, 2022

To calculate Principal based on a loan, we need to execute Excel’s PPMT function and to calculate Interest according to a loan amount, we need to ...