Ipmt Excel Formula

Excel Formulas > Financial Functions > IPMT

Fv | Ipmt | Npv

What is the use of Ipmt formula?

Tells you how much of your mortgage goes towards interest in specified month

Syntax of Ipmt formula:
ipmt(at this rate, on this payment, out of this many payments, for this much amount)

Examples of Excel Ipmt formula:
ipmt(10%,3,12,-100000) = 9017.97

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More Financial Functions : Fv | Ipmt | Npv | Pmt | Ppmt

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