Posted to microsoft.public.excel,microsoft.public.excel.misc,microsoft.public.excel.worksheet.functions,misc.invest.financial-plan
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Mortgage calculation after a large extra payment
=-PMT(0.05625/12,360,260000)-0.05625/12*(260000*(1-(1-(1+0.05625/12)^17)/(1-(1+0.05625/12)^360))-25000)
Dave
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