How Much of Your Loan Payment Goes to Interest
Master the PPMT and IPMT formulas to break down loan payments into principal and interest components. See exactly how much of each payment goes toward interest versus principal—and watch how the ratio shifts dramatically over time. Perfect for accountants and financial professionals who need to analyze loan amortization schedules.
From the course “Excel Formula's Accountants & Financial Professionals Need to Know” (4 CPE credits, Specialized Knowledge, Basic):
https://www.cpetoday.com/course/excel-formulas-accountants-financial-professionals-need-to-know-24c01008
Taught by Stephen Yoss — Speaker & Author, CPE Today.
More from Stephen Yoss: https://www.cpetoday.com/instructor/stephen-yoss
CPE Today offers live webinars, Live Replays and self-study for CPAs and accounting professionals. NASBA-sponsored (ID 167619) and an IRS-approved CE provider. https://www.cpetoday.com/
#ExcelFormulas #AccountingTips #FinancialAnalysis
More from this course
3:55
IFERROR Suppresses Error Messages for Polished Reporting
3:27
Why Text-to-Columns Fails (Power Query Doesn't)
3:54
SUMIFS & AVERAGEIFS: Conditional Arithmetic on Steroids
3:55
Replace Nested IF with IFS for Cleaner Formulas
3:56
Data Validation: Let Users Pick From Dropdowns, Not Type Wrong
3:58
Logic Formulas: The Foundation of Dynamic Spreadsheets
3:55
SUBTOTAL vs SUM: The Critical Difference Accountants Miss