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Viji_Ninan's avatar
Viji_Ninan
Copper Contributor
Aug 05, 2020
Solved

an excel formula

Is there any way to find the foreclosure value of a loan on a given period from a loan repayment table (amt varies through months) through IRR method in a single formula or a combination of formulas ( e.g.: PMT() function but this formula gives only on an equal repayment monthly. If the repayment differs, is there any other way?)

Inputs will be  Principle amount, Rate %(irr),EM

6 Replies

  • Ramiz_Assaf's avatar
    Ramiz_Assaf
    Iron Contributor

    Viji_Ninan 

    You can find the PV of the paid loan installment

    then see how much is left from the loan and send it to the month needed.

     this would be the amount needed.

    see the file

    • Viji_Ninan's avatar
      Viji_Ninan
      Copper Contributor

      Sir, Thank you the quick feedback

       

      I am attaching an excel file  . Will it be possible to find the high lighted answer through single formula or group of combination of formulas

       

      Thanks 🙂