ISPMT function
Calculates the interest paid during a specific period of an investment
Syntax
ISPMT(rate, per, nper, pv)Square brackets indicate optional arguments.
Arguments
| Argument | Required | Meaning |
|---|---|---|
| rate | Yes | The interest rate for the investment.10% |
| per | Yes | The period for which you want to find the interest, and must be between 1 and Nper.2 |
| nper | Yes | The total number of payment periods for the investment.5 |
| pv | Yes | The present value of the investment. For a loan, Pv is the loan amount.1000 |
Try ISPMT
Calculate interest with equal principal repayments
=ISPMT(A2,B2,C2,D2)ISPMT uses equal principal repayments and zero-based periods. At period 1, two thirds of the original principal remains for interest, giving a cash outflow of 300*12%*2/3=24.
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ISPMT · top-level call
=ISPMT(A2,B2,C2,D2)Follow the cells behind a result
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Reference and compatibility
Univer 1.0.4 / Apache-2.0. Calculation checks cover the supplied examples only. The browser worksheet does not implement every Excel feature, external service or connected data type.