![]() They are identifiable with a special user flair.Ī community since MaAsking a question? Describe if you are using Excel (include version and operating system!), Google Sheets, or another spreadsheet application. Occasionally Microsoft developers will post or comment. Recent ClippyPoint Milestones !Ĭongratulations and thank you to these contributors Date ![]() Include a screenshot, use the tableit website, or use the ExcelToReddit converter (courtesy of u/tirlibibi17) to present your data. NOTE: For VBA, you can select code in your VBA window, press Tab, then copy and paste that into your post or comment. To keep Reddit from mangling your formulas and other code, display it using inline-code or put it in a code-block If you want to calculate your mortgage payoff date with extra payments, you can definitely do it in Excel Heres a formula that might work for you: PMT(rate/12,term12,-principal,extra payment) With this formula, you can calculate the monthly payment required to pay off the mortgage by the end of the term. This will award the user a ClippyPoint and change the post's flair to solved. OPs can (and should) reply to any solutions with: Solution Verified The rate argument is 5 divided by the 12 months in a year. Using the function PMT(rate,NPER,PV) PMT(5/12,3012,180000) the result is a monthly payment (not including insurance and taxes) of 966.28.
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