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Calculating loan payments can be overwhelming, but Excel simplifies the process with powerful financial functions like PMT, PPMT, and IPMT. Whether you’re taking a new loan, refinancing, or tracking payments, this guide will walk you through how to calculate monthly payments, interest, and principal breakdowns step-by-step using real-life examples. Learn how to create an accurate amortization schedule and take control of your finances effortlessly.
February 6, 2025
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