Excel PMT Formula: Your Instant Loan Calculator! πŸ’°

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Need to calculate monthly loan payments fast? πŸ’₯ The Excel PMT formula makes it a breeze! In this quick tutorial, I’ll show you how to use the PMT function to instantly figure out your loan payments. Perfect for handling mortgages, car loans, or personal loans.

πŸ”Ή Formula: =PMT(rate, nper, pv)
πŸ”Ή Rate = Interest rate
πŸ”Ή Nper = Number of payments
πŸ”Ή PV = Present value (loan amount)

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