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: Sep 23, 2020   » Contribute   » Show contributors

Contributors: Alberto Ferrari, Marco Russo

MSDN documentation: https://support.microsoft.com/en-us/office/pmt-function-0214da64-9a63-4996-bc20-214433fa6441

Context Transition

This function performs a Context Transition if called in a Row Context. Click to read more.

Row Context

This expression is executed in a Row Context. Click to read more.

Iterator

Not recommended

The use of this function is not recommended. See Remarks and Related functions for alternatives.

Not recommended

The use of this parameter is not recommended.

Deprecated

This function is deprecated. Jump to the Alternatives section to see the function to use.

Deprecated

This parameter is deprecated and its use is not recommended.

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