Scripting Formulas Finance


FINANCE.IPMT(rate, period, periods, value, future_value = 0, end_or_start = 0)

Calculates the payment on interest for an investment based on constant-amount periodic payments and a constant interest rate.

  • rate: Interest rate.
  • period: Amortization period, in terms of number of periods. Must be at least 1, and at most the value of periods.
  • periods: The number of payments to be made.
  • value: Current value of the annuity.
  • future_value: Future value remaining after payment has been made.
  • end_or_beginning: Whether payments are due at the end (0) or the beginning (1) of each period.