## IPMT function: Description, Usage, Syntax, Examples and Explanation

What is IPMT function in Excel? IPMT function is one of the Financial functions in Microsoft Excel that returns the interest payment for a given period for an investment based on periodic, constant payments and a constant interest rate. Syntax of IPMT function IPMT(rate, per, nper, pv, [fv], [type]) The IPMT function syntax has the following …