FinancialLevel: ExpertAvailable in: Excel 2007+
In this article
- Syntax
- Examples
- Example 1
- Related functions
CUMIPMT totals the interest paid between two payment numbers — e.g. for one financial year. CUMPRINC does the same for principal.
Syntax
=CUMIPMT(rate, nper, pv, start_period, end_period, type)
| Argument |
What it means |
type |
0 = payments at month end (usual for loans). |
Examples
Example 1
=-CUMIPMT(8.5%/12, 240, 3000000, 1, 12, 0)
Interest in the first 12 EMIs.
CUMPRINC · IPMT
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