Formula to calculate dumb installment in Excel

Do you want to buy a house and want to understand if the money you have available covers the expenses you will have to face? Buying a house requires a lot of money and before going to a bank I want to give you an idea of ​​how much you will have to spend by explaining the formula to calculate mortgage payment in Excel.

If you don't know the formula for calculate mortgage payment in excel it is very simple. The Microsoft application provides a specific function whose syntax is: = INSTALLMENT (interest rate; total periods; value of the loan; possible advance; prepayments 0/1).

To use this formula you can refer to this example. Let's assume that the mortgage you want to take is 200.000 euros, 20 years in duration and with a rate of 3,6% per annum.

The first argument of the formula is the interest rate: it must be provided on a monthly basis, so you must calculate the 3,6% /12.

The total periods are the duration, so 12 installments per year for 20 years equals 240.

The value of the loan is obviously the amount that the bank will finance you. The other two fields are optional, depending on whether you give an advance or not or if you pay advance installments or not.

So the formula to enter will be =RATA(0,3%;240;200000;0;0). By doing so you will get the amount of the single installment.

The formula will return a negative value, as it represents negative cash flow. If I had entered ., assuming you are the bank, the sign would be positive.

In conclusion with a simple formula called RATA, you have managed to calculate the dumb installment in Excel.

Adriana gil We are a specialized and passionate team of virtual reality. We have extensive experience in this area. We decided to create ForVirtualRealityLovers to share all our information with customers and users. We have quality information. You can find tips, guides, interviews, top products and much more! If you are curious, enter our site and discover the virtual world! 😉 How to share a Word document ❯

Articles related to

How to unlock a Word document
Partition Master Free the best program to partition hard drives
Make the most of your PDF documents: Wondershare PDFelement is here!
How to delete duplicate files on your PC
How to unlock a password protected PDF
How to recover a Word document
Add a comment from the Formula to calculate dumb installment in Excel
Comment sent successfully! We will review it in the next few hours.


  • How to take screenshots on Windows PC and Mac
  • How to convert scanned PDF to Word
  • How to find out if a site is Web Responsive
  • How to recover deleted partition data with Stellar Phoenix Windows Data Recovery
  • How to fix a Word document with Track Changes
  • How to recover lost files with Wondershare Data Recovery
  • How to count weekdays in Excel
  • Best programs to clone hard drive
  • How to restore SQL Server Agent when Agent XPs is disabled
  • How to create a social network with the Ning platform
  • Programs to permanently delete files
  • How to swap rows and columns in Excel
  • How to download music CD covers
  • Come recuperare un database in “Suspect State” in Sql Server
  • The best Microsoft Office alternatives for home and office
  • Free Excel Family Budget Templates
  • Asp and Arrays
  • How to copy text from a protected Word document
  • Microsoft launches the new Office 365 Home Premium
  • Convert pdf to word keeping the formatting
❤️Chi Sleep For Virtual Reality Lovers?

For Virtual Reality Lovers we are a team of people who aim to give you all the best information about Virtual Reality.

What information do we share?

We share everything you need to know about virtual reality, tips, prices, features, guides and much more !.

🤖What are the best virtual reality products?

We have the best information section on the best virtual reality products.

This work is under a Creative Commons Attribution-Non-Commercial-No Derivatives 4.0 International License. 2021/ X

Check out our best articles!

Programs to delete undeletable files

How to compare two text files

Programs to delete unnecessary files

How to download and clone an entire website

add a comment of Formula to calculate dumb installment in Excel
Comment sent successfully! We will review it in the next few hours.