Enter "=PMT(A1/12,A2*12,A3)-A4-A5/12" in cell A6 to calculate your monthly payment. The result appears parenthesized and red, which indicates a negative value, or cost. Advertisement ...

Calculate Monthly Mortgage Payments in Excel. Spreadsheet programs, such as Microsoft Excel and Google Sheets, include a payment function that can calculate the principal and interest on a mortgage.

In cell B4, enter the formula "=-PMT(B2/1200,B3*12,B1)" to have Excel automatically calculate the monthly payment.For example, if you had a $25,000 loan at 6.5 percent annual interest for 10 years ...

Using a loan calculator, we quickly find that the monthly payment on this loan works out to $223.09. We go over how amortization works and how to use a loan calculator in the sections below. Loan ...

Calculating your mortgage payment correctly may be harder than you think. Making sure that your projected monthly payment fits within your budget is crucial in determining that the house that you ...

Calculating the monthly payment for the car of your dreams or setting a realistic price range for yourself depends on three key variables. Opens in new window. Skip to main content.

If you got that same loan today—at the current 7.03% rate—your monthly payment would drop by more than $200 to $2,666. You’d also save around $75,000 on interest over the life of your loan.

Calculate monthly mortgage payments in Excel. Spreadsheet programs, such as Excel and Google Sheets, include a payment function that can calculate the principal and interest on a mortgage. Let's ...

When it comes to your monthly mortgage payment, you're not just paying off the sticker price of the home. Your payment typically covers the principal and interest, taxes, and insurance -- together ...