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Download the featured file here: https://www.bluepecantraining.com/wp-content/uploads/2023/07/Loan-Payments.xlsx

In this Microsoft Excel video tutorial I demonstrate how to calculate monthly repayments on a loan. This is possible in Excel using the PMT function. It is interesting to see how lowering the interest rate and/or term has a big impact on the total interest paid.

This Excel Loan Payment Formula can be used to calculate mortgage, home loan or car finance payments. By using this Excel Loan Payment Formula, you can quickly and easily calculate your loan payments and find out which payment plan would be best for you.

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