Interest Formula | Calculator (Examples with Excel Template)Excel formula: Calculate interest rate for loanInterest Formula | Calculator (Examples with Excel Template)RATE Function - Corporate Finance InstituteTo calculate the periodic interest rate for a loan, given the loan amount, the number of payment periods, and the payment amount, you can use the RATE function. In the example shown, the formula in C10 is: = RATE(C7, C6, - C5) 1216/10/2018 · How to use Calculate the Interest Rate for a Loan in Excel. To determine the amount due for loan payment, given a loan duration/term, a Rate of Interest, and the initial loan amount, we can utilize the Excel PMT Operation In the example illustrated below, the operation syntax inserted into the formula bar of cell B6 is thus-Select the cell you will place the calculated result in, type the formula =CUMIPMT (B2/12,B3 12,B1,B4,B5,1), and press the Enter key. See screenshot: Note: In the formula, B2 is the annual loan interest rate, B2/12 will get the monthly rate; B3 is the years of the loan, B3 12 will get the total number of periods (months) during the loan; B1 is the 09/12/2020 · To get an annual interest rate, multiply a periodic interest rate returned by the function by the number of periods per year. Monthly payments: annual interest rate = RATE() 12. Quarterly payments: annual interest rate = RATE() 4. RATE formula returns zero percentage06/08/2021 · Use the following formula to calculate interest rate in excel with the above values: =RATE(120,-500,50000) As a result, excel returns the rate of interest as
