ExcelBanter - Need "reverse" amortization; calculate loan amount

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MLSanders

Need "reverse" amortization; calculate loan amount

I have fixed interest rate and monthly payment. How do I calculate loan
amount?

N Harkawat

Look at Help on PV function

"MLSanders" wrote in message
...
I have fixed interest rate and monthly payment. How do I calculate loan
amount?

Niek Otten

You also need the number of payments.
Look in HELP for the PV() function

--
Kind regards,

Niek Otten

Microsoft MVP - Excel

"MLSanders" wrote in message
...
I have fixed interest rate and monthly payment. How do I calculate loan
amount?

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