Exact Copy Multiple Cells without changing formula reference Auto Create References to Multiple Sheets Insert Bullets, Check Boxes and more.Select Duplicate or Unique Rows Select Blank Rows (all cells are empty) Super Find and Fuzzy Find in Many Workbooks Random Select.Merge Cells/Rows/Columns without losing Data Split Cells Content Combine Duplicate Rows/Columns.Super Formula Bar (easily edit multiple lines of text and formula) Reading Layout (easily read and edit large numbers of cells) Paste to Filtered Range.Reuse: Quickly insert complex formulas, charts and anything that you have used before Encrypt Cells with password Create Mailing List and send emails.The Best Office Productivity Tools Kutools for Excel Solves Most of Your Problems, and Increases Your Productivity by 80% If you want to calculate the total loancost, you can use this formula =B6*B5, B6 is the payment per month, B5 is the total number of payments months, you can change as you need. In the formula, B2 is the annual interest rate, B4 is the number of payments per year, B5 is the total payments months, B1 is the loan amount, and you can change them as you need.Ģ. Then in the cell next to Payment per month ($), B5 for instance, enter this formula =PMT(B2/B4,B5,B1,0), press Enter key, the monthly mortgage payments has been displayed. To calculate monthly mortgage payment, you need to list some information and data as below screenshot shown:
In this article, I introduce the trick to calculating monthly mortgage payment in Excel for you.Ĭalculate monthly mortgage payment with formula
#Excel mortgage calculator how to
How to calculate monthly mortgage payment in Excel?įor most of modern people, to calculate monthly mortgage payment has become a common job.
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