Comments on: Calculate a Loan Payment in Excel

By: henry collado

henry collado — Fri, 30 Oct 2009 07:34:31 +0000

pls i want to know the mathematical equation or formula to get pmt function. Because i am curious if i want to tried to calculate it manually, How?

big tnx…
henry

By: john

john — Thu, 14 Aug 2008 14:06:13 +0000

Are you asking how to calculate how much of the monthly payment you are paying is going towards interest and principle, as well as the remaining balance? I can definitely help you out with the if that is what you are looking for. I might even do a follow up post to this one for anyone else with that question.

Thanks,
John

By: Jessica

Jessica — Wed, 06 Feb 2008 20:28:58 +0000

How can I calculate my interest payment, principal payment and balance for each month using Excel functions. I would like to be able to use the fill box to drag my data for the full duration of my 30 year loan. It is driving me crazy! Please help!

Thank you,
Crazy