Hello

My first post to this news group.

Please excuse a novice question but could someone please advise which
formula I should use to calculate the monthly/fortnightly payments which
would need to be made on an interest only loan.

I have used PMT and IPMT but my results don't quite correspond with other
online calculators. I really would like to be able to develop my own
calculations in Excel and be confident the resultrs are reasonably accurate.

Thanks for your advice.

Jack