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

How to Calculate a Loan's Monthly Payment in Excel With Tax & PMI. Your monthly loan payment consists of more than just equity and interest payments. If you didn't put down at least 20 percent ...

In cell B4, enter the formula "=-PMT (B2/1200,B3*12,B1)" to have Excel automatically calculate the monthly payment.For example, if you had a $25,000 loan at 6.5 percent annual interest for 10 ...

Calculate monthly mortgage payments in Excel. Spreadsheet programs, such as Excel and Google Sheets, include a payment function that can calculate the principal and interest on a mortgage.

It is the same as calculating simple interest in original mathematics. How do you calculate interest rate in Excel? You can use PMT to calculate the interest rate in Excel.