How to Calculate Monthly Loan Payments in Excel ...
Jun 02, 2021 · Calculating Monthly Car Payments in Excel Calculating a monthly car payment in Excel is similar to calculating a monthly mortgage payment. To start, you’ll need the interest rate, length of loan, and the amount borrowed. For this example, let's say the car loan is for $32,000 over five years at a 3.9% interest rate: Interest rate: 3.9%
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