How To Calculate Monthly Loan Payment With Excel | Quick & Easy Method

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Learn how to use the PMT function in Excel quickly and effectively. Learn what you need in order to determine your monthly loan payment without creating an amortization table or asking the bank.

Very useful to know when looking to buy something using a loan. This calculation can really show you how much an interest rate, loan length (NPER), and the starting loan amount can have on your monthly payments.

Disclaimer & Full Disclosure:

NOT FINANCIAL ADVICE

*I am not a financial advisor, so this should not be taken as financial advice. For investment advice please seek the counsel of a financial/investment advisor(s); and conduct your own due diligence.

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