## HOW TO CALCULATE TERM LOAN FORMULA USING IN (IPMT) EXCEL

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**Term loan**is a monetary loan that is repaid in regular payments over a set period of time. Term loans use a different technique. Each period, you pay the amount of interest due plus a fixed amount for principle reduction. As a consequence, your payments decrease over time.

IPMT Function Formula Description is Returns the interest payment for a given period for an investment based on periodic, constant payments and a constant interest rate.

IPMT FUNCTION FORMULA Syntax is : -

IPMT(rate, per, nper, pv, [fv], [type])

The IPMT function Formula syntax has the following arguments are :

- Rate Mandatory. The interest rate per period.
- Per Mandatory. The period for which you want to find the interest and must be in the range 1 to nper.
- Nper Mandatory. The total number of payment periods in an annuity.
- Pv Mandatory. The present value, or the lump-sum amount that a series of future payments is worth right now.
- Fv Optional. The future value, or a cash balance you want to attain after the last payment is made. If fv is omitted, it is assumed to be 0 (the future value of a loan, for example, is 0).
- Type Optional. The number 0 or 1 and indicates when payments are due. If type is omitted, it is assumed to be 0.

**IPMT Function Formula is used to know the interest portion in the EMI of a particular instalment.**

Here the example for, the amount of the principle paid each period is equal to Rs.1,00,000 divided by 12 = 8333.33

Also notice that the total payment decreases each every month as the amount of interest decreases while the principle amount stays the same.

Calculating Term Loan Values With one exception, it's quite easy to calculate the values for a Term loan. lam use the following Following Formulas I show the values from the example above.

Continue.....

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## How to Use Home Loan EMI Calculatation Using in (PMT) Excel

Muzica 2014 f smites , not ing on desktop opera mini next , handler jar free ,EMI is defined by Investopedia as "A fixed payment amount made by a borrower to a lender at a specified date each calendar month. EMI are used to pay off both interest and principal each month, so that over a specified number of years (Months) , the loan is paid off in full.

PMT is one of the Financial Functions Formula in Excel, calculates the payment for a loan based on constant payments and a constant interest rate.

PMT FUNCTION FORMULA Syntax is : -

PMT(rate, nper, pv, [fv], [type])

The PMT Function Formula syntax has the following arguments:

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PMT is one of the Financial Functions Formula in Excel, calculates the payment for a loan based on constant payments and a constant interest rate.

PMT FUNCTION FORMULA Syntax is : -

PMT(rate, nper, pv, [fv], [type])

The PMT Function Formula syntax has the following arguments:

- Rate Mandatory. The interest rate for the loan.
- Nper Mandatory. The total number of payments for the loan.
- Pv Mandatory. The present value, or the total amount that a series of future payments is worth now; also known as the principal.
- Fv Optional. The future value, or a cash balance you want to attain after the last payment is made. If fv is omitted, it is assumed to be 0 (zero), that is, the future value of a loan is 0.
- Type Optional. The number 0 (zero) or 1 and indicates when payments are due.

**PMT Function Formula is used to know the EMI**Continue.....

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