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

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