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To calculate a loan payment amount, given an interest rate, the loan term, and the loan amount, you can use the PMT function. In the example shown, the formula in C10 is: = PMT ( C6 12, C7, - C5 )We will use the formula = B5 12 = 12 for the number of years to complete the loan repayment. In other words, to borrow $120,000, with an annual rate of and to pay $1,100 monthly 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 …17/09/2009 · how to calculate loan repayments in excel First you need to enter your data. Principle = the amount you want to borrow. The Interest Rate = the per annum interest rate divided by formula: Calculate payment for a loan | ExceljetExcel formula: Calculate payment for a loan | Exceljetexce

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