# IPMT

financial · from excel · excel: not yet compared · sheets: not yet compared

returns interest payment for a period

## signature

```
IPMT(rate, per, nper, pv, [fv], [type])
```

returns: `number`

## arguments

- rate: number — required
- per: number — required
- nper: number — required
- pv: number — required
- fv: number — optional, defaults to 0
- type: number — optional, defaults to 0

## examples

formula and result, asserted in the engine test suite.

| formula | result | with |
| --- | --- | --- |
| `=IPMT(0.05/12, 1, 360, 100000)` | `-416.6666666666667` | — |

## related

- [ACCRINT](https://deepcalc.com/functions/accrint.md) — accrued interest for a security paying periodic interest
- [ACCRINTM](https://deepcalc.com/functions/accrintm.md) — accrued interest for a security paying at maturity
- [AMORDEGRC](https://deepcalc.com/functions/amordegrc.md) — depreciation per period, French accounting, degressive
- [AMORLINC](https://deepcalc.com/functions/amorlinc.md) — depreciation per period, French accounting, linear
- [COUPDAYBS](https://deepcalc.com/functions/coupdaybs.md) — days from coupon period start to settlement
- [COUPDAYS](https://deepcalc.com/functions/coupdays.md) — days in the coupon period containing settlement
- [COUPDAYSNC](https://deepcalc.com/functions/coupdaysnc.md) — days from settlement to the next coupon date
- [COUPNCD](https://deepcalc.com/functions/coupncd.md) — next coupon date after settlement

## navigate

- [all financial functions](https://deepcalc.com/functions/financial-functions.md)
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- [everything in one file](https://deepcalc.com/llms-full.txt)

source: https://deepcalc.com/functions/ipmt