All Topics / Help Needed! / Loan repayment calculations

Viewing 2 posts - 1 through 2 (of 2 total)
  • Profile photo of candccandc
    Participant
    @candc
    Join Date: 2007
    Post Count: 1
    February 23, 2007 - 12:13 am

    Could someone please give me the formula that is used when working out the loan weekly repayments with principal and interest and interest only loans?

    Profile photo of Alistair PerryAlistair Perry
    Participant
    @aperry
    Join Date: 2004
    Post Count: 891
    February 23, 2007 - 12:37 am

    There is a formula in Excel that will do this for you, type “PMT” into the help function of the program and it will explain how to use it.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.