How To Calculate An Amortization Schedule

How do you calculate a 30 year amortization schedule?

Multiply the number of years in your loan term by 12 (the number of months in a year) to get the number of payments for your loan. For example, a 30-year fixed mortgage would have 360 payments (30x12=360).

How do I calculate Impt results in Excel?

  • Summary.
  • Get interest in given period.
  • The interest amount.
  • =IPMT (rate, per, nper, pv, [fv], [type])
  • rate - The interest rate per period.
  • The IPMT function can be used to calculate the interest portion of a given loan payment in a given payment period.
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