PMT DAX Function (Financial)
Calculates the payment for a loan based on constant payments and a constant interest rate.
Syntax
PMT ( <Rate>, <Nper>, <Pv> [, <Fv>] [, <Type>] )
| Parameter | Attributes | Description |
|---|---|---|
| Rate |
The interest rate for the loan. |
|
| Nper |
The total number of payments for the loan. |
|
| Pv |
The present value, or the total amount that a series of future payments is worth now; also known as the principal. |
|
| Fv | Optional |
The future value, or a cash balance you want to attain after the last payment is made. If fv is omitted, it is assumed to be BLANK. |
| Type | Optional |
The number 0 (zero) or 1 and indicates when payments are due. |
Return values
Scalar A single decimal value.
Last update: Feb 25, 2021 » Contribute » Show contributors
Contributors: Alberto Ferrari, Marco Russo
MSDN documentation: https://support.microsoft.com/en-us/office/pmt-function-0214da64-9a63-4996-bc20-214433fa6441
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