This form is a sample letter in Word format covering the subject matter of the title of the form.
This form is a sample letter in Word format covering the subject matter of the title of the form.
Select the cell where you want to add your PPMT function. Type "=PPMT" in the cell. Input a "(" directly after the previous term. Add your "rate" value after the parenthesis and follow that with a comma.
Fortunately, Excel can be used to create an amortization schedule. The amortization schedule template below can be used for a variable number of periods, as well as extra payments and variable interest rates.