calculating canadian mortgage payments hi there i’m trying to figure out the accelerated bi weekly payments for canadian mortgages the above formula gives me the answer for monthly payments however many people prefer accelerated bi weekly payments how to calculate mortgage payments with examples understand the function used mortgage payments can be easily found using your chosen spreadsheet program this function in all major spreadsheet programs microsoft excel google spreadsheet and apple numbers is known as pmt or the payment function it bines information like your interest rate number of periods and how to calculate accelerated mortgage payments in excel accelerated mortgage payments can save you thousands of dollars in interest they’re rapidly be ing the tool of choice for frugal homeowners 3 ways to calculate mortgage interest wikihow understand the function used mortgage interest can be easily found using your chosen spreadsheet program this function in all major spreadsheet programs microsoft excel google spreadsheet and apple numbers is known as cumipmt or the cumulative interest payment function mortgage calculator with extra payments make some extra payments and pay f your mortgage as soon as you can additional extra payments can help you repay your mortgage sooner and help you reduce your total interest payments for your loan
Free Canadian Mortgage Calculator for Excel from calculating mortgage payments in excel , image source: www.vertex42.com