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How to find Interest & Principal payments on a Loan in Excel

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http://www.TeachMsOffice.com

How to find the interest and principal payments on a fixed rate loan in excel. This tutorial will walk you through using the PPMT() and IPMT() functions in excel in order to find out how much of a monthly payment on a loan actually goes to pay off the loan amount and how much is just an interest payment.


To follow along with this spreadsheet as well as to get more free excel stuff such as macros, tutorials, articles, etc. go to:

http://www.TeachMsOffice.com
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