Forum Discussion
xl-user
Sep 27, 2019Copper Contributor
lease payment calculator
I want to set up an excel file that calculates the payment per month on a Fair Market Value lease. Can somebody please direct me to a function in excel. Thanks !
tauqeeracma
Sep 28, 2019Steel Contributor
Hi xl-user
In order to calculate monthly lease payments in excel, you can use PMT(rate, nper, pv, [fv], [type])
function.
For more specific solution you need to share sample data with complete parameters.
Thanks
Tauqeer