Excel - Financial Functions for a House or a Car

Posted on: 07/27/2023

Excel has a lot of Financial Functions. We will look at several functions for a home or car purchase. The functions include

PMT
IPMT
PPMT
CUMPRINC
CUMIPMT.

These are great functions for personal finance and business.

YouTube Video

Recent Articles

Mastering Excel Slicers: A Comprehensive Guide

Excel slicers are powerful tools that enhance data filtering in Microsoft Excel, making it easier to visualize and analyze your data. In this blog, we will explore how to create and effectively use slicers, as well as their advantages and limitations in comparison to traditional filters.

Mastering Loan Amortization: A Comprehensive Guide to Understanding and Comparing Loans

In today's ever-changing financial landscape, understanding loan amortization is crucial for anyone considering a major purchase, particularly a home. With recent changes in interest rates, it's more important than ever to grasp how loan amortization works and how to compare different loan options.

Analyzing 50+ Years of Mortgage Rates in Excel: Insights and Trends

Understanding mortgage rates is crucial for anyone looking to buy a home or refinance their existing mortgage. In this comprehensive analysis, we'll dive deep into over 50 years of mortgage rate data using Microsoft Excel. We'll explore historical trends, calculate key statistics, and examine how changes in interest rates impact monthly payments.

Social Security - Breakeven point in Years using Excel

Calculate SSA breakeven in years. The break-even point represents when the cumulative benefits even out. Comparing 62 to 67, you have been collecting money for 60 months.

Microsoft Word to Adobe Acrobat with Bookmarks

We don't usually want to email, or share are Word files. Frequently, we make our Word documents PDF files. If you lay out your Word document correctly, it is easy to make bookmarks in the PDF.

Dictate Feature Updates in Word, Outlook, PowerPoint, and OneNote

Dictate in Word, Outlook, OneNote, and PowerPoint allows users to use speech-to-text to author content in files.

Chris Menard

Chris Menard is a Microsoft Trainer (MCT) and works as a full-time Trainer at BakerHostetler - one of the largest law firms in the US. Chris runs a YouTube channel with 900+ technology videos that cover various tools such as Excel, Word, Zoom, Teams, Gmail, Copilot, Google Calendar, and Outlook. To date, the channel has helped over 20 million viewers. Menard also does 2 to 3 public speaking events yearly, presenting at the Administrative Professional Conference (APC), the EA Ignite Conference, the University of Georgia, and CPA conferences. You can connect with him on LinkedIn at https://chrismenardtraining.com/linkedin or watch his videos on YouTube at https://chrismenardtraining.com/youtube.