ISPMT
Returns interest for even-principal payment.
- Excel: Verified match
- Google Sheets: Verified match
- Returns: Number
Examples
=ISPMT(0.05/12, 1, 360, 100000) Result -415.5092592592593
Syntax
ISPMT(rate, per, nper, pv) rate- number required
per- number required
nper- number required
pv- number required
Related
ACCRINTAccrued interest for a security paying periodic interest. ACCRINTMAccrued interest for a security paying at maturity. AMORDEGRCDepreciation per period, French accounting, degressive. AMORLINCDepreciation per period, French accounting, linear. COUPDAYBSDays from coupon period start to settlement. COUPDAYSDays in the coupon period containing settlement.