yes it's possible as Ron explained. however, if this is other than a
learning experience (gee wiz), I recommend ensuring you get the annual tax
statement from your mortgager as required by law for your tax break
purposes.




"Grd" wrote in message
...
Hi there,

I'd like to know how much of my mortgage payment is interest and how much
is
principle. I know my interest rate and how much I borrowed (ofcourse!) and
how much I pay each month but am wondering how to figure out what part
goes
on the interest.

Is this possible to do in Excel.?

Tx

Suzannne