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PPMT

FinancialExcel 2007

The principal portion of a specific loan payment.

Syntax

PPMT(rate, per, nper, pv, [fv], [type])

Examples

=-PPMT(8%/12, 1, 240, 3000000)

→ principal in EMI #1

Good to know

  • IPMT + PPMT for the same period equals PMT.

Related functions

IPMTPMTCUMPRINC

More Financial functions

ACCRINTACCRINTMAMORDEGRCAMORLINCCOUPDAYBSCOUPDAYSCOUPDAYSNCCOUPNCDCOUPNUMCOUPPCDCUMIPMTCUMPRINC

← All 510 functions

Syntax follows Microsoft’s documentation. Examples are written to be pasted into a cell and checked. Argument separators may be ; in your locale. The AI explainer runs on a free community model — verify anything important.