Key Takeaways : The PMT function in Excel is essential for calculating loan repayments and creating an amortization schedule. The PMT function computes loan payments based on constant payments and ...

Enter "=PMT (A1/12,A2*12,A3)-A4-A5/12" in cell A6 to calculate your monthly payment. The result appears parenthesized and red, which indicates a negative value, or cost.

In cell B4, enter the formula "=-PMT (B2/1200,B3*12,B1)" to have Excel automatically calculate the monthly payment.For example, if you had a $25,000 loan at 6.5 percent annual interest for 10 ...

The Loan-to-Value Ratio (LTV) and the Down Payment Assume that you want to buy two properties, and you want to calculate your loan-to-value ratio for both the properties on Microsoft Excel to ...