PMT Function Archives

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

Jun 28, 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 ...

Personal Loan EMI Calculator Excel Format (2 Suitable Examples)

Jun 28, 2022 Excel Formulas

When you take a big amount of loan for your personal problem or other problem, you have to repay it through a monthly installment process. The ...

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

Jun 28, 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 Loan Payments in Excel (5 Methods)

Jun 28, 2022 Excel Formulas

In this article, I’m going to explain how to Calculate Simple Interest Loan Payments in Excel. Here, I have described five methods of calculating ...

Amortization Schedule with Balloon Payment and Extra Payments in Excel

May 29, 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 ...

Interest Only Mortgage Calculator with Excel Formula (A Detailed Analysis)

May 29, 2022 Excel for Finance

When you take out a loan to buy something and wish to return it over time with monthly payments, you may need to know the amount of the monthly ...

Loan Amortization Schedule with Variable Interest Rate in Excel

Jun 13, 2022 Excel for Finance 2

A loan amortization schedule can be prepared using one of the two ways. The first one is with a fixed interest rate and the second one is a variable ...

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

May 29, 2022 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, ...

How to Use Formula for 30 Year Fixed Mortgage in Excel (3 Methods)

May 29, 2022 Excel for Finance

In this article, we will learn about Excel Formula for 30 Year Fixed Mortgage. Here we will use several formulas related to 30 Year Fixed Mortgage. ...

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 ...

Creation of a Mortgage Calculator with Taxes and Insurance in Excel

May 29, 2022 Excel for Finance

If you are looking for the procedure of creating your own mortgage calculator with taxes and insurance in Excel, then this article is useful for you. ...

How to Calculate Interest Rate on a Loan in Excel (2 Criteria)

May 24, 2022 Excel Formulas

In Microsoft Excel, we can do the financial calculations quickly, because excel has some built-in financial functions. For example, suppose you want ...

Daily Loan Interest Calculator in Excel (Download for Free)

May 24, 2022 Excel Formulas

The daily loan is the amount of money that you need to pay based on the interest rate and annual loan amount. You can create one daily loan interest ...

How to Calculate Gold Loan Interest in Excel (2 Ways)

May 24, 2022 Excel Formulas

In this tutorial, I will show you how to calculate the amount of gold loan interest in Excel. Before applying for a loan, you can calculate periodic ...

Calculate Interest in Excel with Payments (3 Examples)

May 24, 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 ...