## How to calculate principal for given period in Excel

To calculate the principal portion of a loan payment in a given period, you can use the PPMT function. Formula =PPMT(rate,period,periods,-loan) Explanation In the example shown, the formula in C10 is: =PPMT(C6/12,1,C8,-C5) How this formula works For this example, we want to calculate the principal portion for payment 1 of a 5-year loan of $5,000 …