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ipmt

Interest portion of a periodic loan payment.

v = ipmt(rate, per, nper, pv, fv, type)

For period per, returns the interest portion of the payment. Sum of ipmt + ppmt equals pmt for that period.

ipmt(0.05/12, 1, 30*12, 200000)
  • pmt — Periodic payment for a loan or annuity.
  • ppmt — Principal portion of a periodic loan payment.
  • cumipmt — Cumulative interest paid between two periods.