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this video we talked about the PMT function which calculates a payment on a loan based on a fixed or set interest rate over a fixed amount of time well this is something that we have a lot of templates in Excel for that gives me even a lot more detail than just this simple spreadsheet so I just wanted to mention them and where you access them is under file code new we could search for mortgage calculator or anything like that Im just going to search for loan youll see theres a whole bunch that pop up so you have a loan amortization schedule you have two of them this was an original one this is one of the newer or the older ones and this is a newer one I actually find out like the older ones better I also have a loan calculator balloon loan payment calculator college loan calculator home loan calculator home loan comparison sorry mortgage loan calculate like it list just goes on and on and on and on now you do have those calculators online what they do neglect to show you is how much