FinancialLevel: ExpertAvailable in: Excel 2007+
In this article
- Syntax
- Examples
- Example 1
- Related functions
PPMT returns the principal repaid by a specific EMI.
Syntax
=PPMT(rate, per, nper, pv, [fv], [type])
| Argument |
What it means |
per |
Payment number. |
Examples
Example 1
=PPMT(8.5%/12, 1, 240, -3000000)
Principal in the first EMI — small at the start, growing every month.
IPMT · PMT
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