Public Schedule Face-to-Face & Online Instructor-Led Training - View dates & book

STL - Formerly Best Training Solutions Through Learning
TrustPilot
Excellent
Request Callback We will call you back
0207 987 3777 Call for assistance
Your Basket Basket is empty
excel training class - pmt

Forum home » Delegate support and help forum » Microsoft Excel Training and help » excel training class - PMT

excel training class - PMT

ResolvedVersion Standard

Neil has attended:
Excel Advanced course

PMT

Is there a formula I can use to be able to show month on month how much a loan reduces and factor in any changes in interst rate, e.g. mortgage repayments?

RE: PMT

Hiya Neil hope you are well sorry we have not got back to sooner.

With regards to the PMT formula you can find one by using the function wizard from the insert menu and clicking function under the financial category.

But in saying that i can go one better than that because a template that you can simply enter in all the stats you will need eg: loan term, payments per year etc...

then the template does it for you and if anything changes you go back in and update the info and the template updates the rest

to find this template go to the your file menu and click new, from the window you see choose the spreadsheet solutions tab and then double click the Loan Amortization

When finished do a file save as

Hope this helps

Mark East

Excel tip:

Switching Between Spreadsheets

As the Alt+Tab key switches between loaded applications or files, Ctrl+Tab switches between loaded or open Excel files. Hold down the Ctrl key until you have tabbed to the correct spreadsheet.

View all Excel hints and tips

Connect with us:

0207 987 3777

Call for assistance

Request Callback

We will call you back

Server loaded in 0.09 secs.