How To Calculate Your Monthly Payment In Excel Using PMT Function

Before you get out your checkbook and buy the house of your dreams, you’ll want to know exactly how much you’ll need to pay every month to cover all of your expenses, especially if you’re buying a property in another state or country with an unfamiliar banking system. The fastest way to calculate your monthly payment in Excel is by using the PMT function. This simple function will enable you to calculate your payments for just about any loan that requires a monthly pa....