Calculating Loan Payments & Savings Goals In Google Sheets | PMT() Function in Google Sheets
In this video, we're diving deep into the powerful PMT() function in Google Sheets. Whether you're planning to take out a loan or aiming to achieve your financial savings goals, this video is your ultimate guide. The PMT() function in Google Sheets allows you to easily calculate loan payments and savings goals in excel!
What You'll Learn and topics covered in this video:
Understand the fundamentals of the PMT() function.
Calculate your monthly loan payments effortlessly.
Set and achieve your savings goals like a financial pro.
Customize your Google Sheets spreadsheets for specific financial scenarios.
This timeline is meant to help you better understand how to use the PMT function in Google Sheets:
0:00 Introduction
0:20 What is the PMT function in Google Sheets
2:19 Calculate annual loan repayment in Google Sheets
3:26 Calculate monthly loan repayment in Google Sheets
4:17 How to find total money paid over length of a loan in Google Sheets
4:54 How to find interest paid over length of a loan in Google Sheets
5:03 Calculate monthly loan repayment in Google Sheets with money left at the end of loan
6:30 Calculate monthly savings amount to reach goal in Google Sheets
8:36 Outro
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Learn Google Sheets Playlist: • Learn Google Sheets
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This video is part of our learn Google Sheets playlist. Google Sheets is a free alternative to Microsoft Excel. In this learn Google Sheets playlist we will go through all the fundamentals of how to use Google Sheets and make you more efficient in spreadsheets in general.
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