PPMT Function in Excel: Syntax, Examples and Free Practice
PPMT is an Excel Financial function. Returns the principal portion of a loan payment for a given period.
PPMT syntax
Arguments
rate: The interest rate per periodper: Which period to calculate fornper: The total number of payment periodspv: The present value of the amountfv: The future value of the amount (optional)
When to use PPMT
PPMT is used in loan, investment, or valuation models where precise financial math is required.
Practice PPMT online, free
Open the live Excel-style spreadsheet and try PPMT yourself. No Excel install or sign-up needed to start.
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Frequently asked questions
What does the PPMT function do in Excel?
Returns the principal portion of a loan payment for a given period.
What is the syntax of PPMT in Excel?
The syntax is =PPMT(rate, per, nper, pv, [fv], [type]). rate: The interest rate per period; per: Which period to calculate for; nper: The total number of payment periods; pv: The present value of the amount; fv: The future value of the amount (optional).
Where can I practice PPMT online for free?
Open the free live spreadsheet on Cellgrids and try PPMT yourself. No Excel install is needed and you can start without signing up.
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