Function to calculate the interest of a mortgage
Hi Janet,
There is a family of financial functions that address this and similar
problems: RATE(), NPV(), FV(), PMT(), NPER() etc.
In Analysis Toolpak (ToolsAdd-ins, check Analysis Toolpak if not done
already) there is a family for irregular payments.
See HELP for details; post again in this thread if you still have problems.
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Kind regards,
Niek Otten
"Grd" wrote in message
...
Hi,
How can I do an amortization schedule that gives me the interest as its
being paid off?
Is there a function that can help.
Thanks in Advance
Any help greatly appreciated
Regards
Janet
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