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Interest Formula | Calculator (Examples with Excel Template)Excel formula: Calculate interest rate for loan | ExceljetInterest 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) 12How 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-=PMT (B3/12,B2,-B1) This calculates the monthly payment with interest …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.