CUMIPMT function - Zoho Sheet - Help Guide

CUMIPMT

Returns the cumulative interest paid on a loan in a specified period.

 

Syntax

 

CUMIPMT(rate; nper; pv; start; end; type)
rate: The interest rate per period. Eg., A2
nper: The total number of payment periods in the term. Eg., 15
pv: The initial sum borrowed. Eg., 150000
start: The first period to include. Periods are numbered beginning with 1. Eg., 2
end: The last period to include. Eg., 9
type: Specifies when the payments are made:
0 - at the end of each period
1 - at the start of each period (including a payment at the start of the term)

 

Examples  

 

Formula

Result

=CUMIPMT(A2;B2;C2;D2;E2;F2)

-588689.46438701

=CUMIPMT(A3;B3;C3;D3;E3;F3)

-14.778325123

=CUMIPMT(A4/12;B4*12;C4;D4;E4;F4)

-1125000


Get a hands-on experience of the function in the embedded range below. 



Possible Errors

 

Errors

Meaning

#N/A!

  • The function could not find the value it was asked to look for. Commonly occurs in VLOOKUP and similar functions.

#NAME!

  • The function name is incorrect or invalid.

  • The given defined name (if any) is invalid.

  • There is a typo in the defined name used in the function.

  • Double quotes are missing for text values in the function.

  • Colon missing in a cell range reference.

#VALUE!

  • The given argument's data type is incorrect or invalid.
    For example, the function =DATE(A1:A3) will return a #VALUE error when a text value is present in the range.

#REF!

  • The given cell reference is incorrect or invalid. This error may occur when a cell/range has been deleted, moved, or pasted over.

#NUM!

  • The value of rate, nper, or pv is less than 0.

  • The value of start or end is less than 1.

  • The value of start is higher than end.

  • The value of type is a number other than 0 and 1.

 

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