LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1   Report Post  
Mortgage Man
 
Posts: n/a
Default Formula for int. paid when extra monthly pmts are made.

I am looking for a way to find the total interest paid on a loan, if the
borrower decides to make a fixed extra monthly payment toward principal. The
cumipmt function does not allow me to put in a pmt. Is there another way to
do this?

Thanks in advance
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
Need formula for cumulative interest with additional monthly princ Mortgage Man Excel Discussion (Misc queries) 0 October 24th 05 07:39 PM
worksheet function Nadji New Users to Excel 8 June 17th 05 09:26 PM
Formula checking multiple worksheets sonic-the-mouse Excel Worksheet Functions 2 June 5th 05 07:48 PM
Formula help in a monthly sales report. chevyman Excel Worksheet Functions 4 February 13th 05 03:05 PM
What formula can you use to compound monthly returns? Legan002 Excel Worksheet Functions 1 November 18th 04 06:47 PM


All times are GMT +1. The time now is 10:37 AM.

Powered by vBulletin® Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Copyright ©2004-2025 ExcelBanter.
The comments are property of their posters.
 

About Us

"It's about Microsoft Excel"