ISPMT function - Zoho Sheet - Help Guide

ISPMT

Returns the interest paid for a given period on an investment or loan with fixed rate.

 

Syntax

 

ISPMT(rate; period; nper; pv)
rate: Periodic interest rate. Eg., 15
period: Period used to calculate the interest. Eg., 2
nper: Total number of payment periods in the given term. Eg., 1
pv: The present value of the investment, or the initial sum borrowed in case of loan. Eg., 50000

 

Examples  

 

Formula

Result

=ISPMT(A2;B2;C2;D2)

750000

=ISPMT(A3;B3;C3;D3)

-120

=ISPMT(A4;B4;C4;D4)

-675000


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.

 

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