How To Calculate Monthly Payment With Excel

In this video, I will show you how to calculate monthly payments with excel or google sheets. You will learn a little about the financial calculator or excel.

We will discuss present value, future value, rate, payments per month, and nper. The financial calculator is a very powerful tool on excel and google sheets that can help you manage debt and investing strategies.

The examples I will use is finding the payment for a car loan for $50,000 with an interest rate of 5% and finding the monthly contribution to grow a million-dollar portfolio in 35 years.  

Disclaimer: This is not financial advice. I am not a financial advisor. This video is meant for education and entertainment. Do not use this video as investing advice and consult with a professional advisor before buying or selling securities.

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