Featured Formulas

Estimate mortgage payment

In this example, the goal is to calculate a monthly mortgage payment based on three inputs:

  1. The loan amount
  2. The annual interest rate
  3. The loan term in years

The worksheet shown also takes into account the down payment, which is calculated using a...Read more

Featured Functions

LAMBDA Function

The LAMBDA function provides a way to create a custom function in Excel. Once defined and named, a LAMBDA function can be used anywhere in a workbook. LAMBDA functions can be very simple or quite complex, stringing together many Excel functions into one formula. A custom LAMBDA function...Read more

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