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Posted to microsoft.public.excel.worksheet.functions
Niek Otten
 
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Default 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