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How To Calculate Loan Payments Using The PMT Function In ExcelCalculate your mortgage interest payments with our user-friendly calculator. Determine the total interest paid over the loan term and save money. You can use our calculator to get a sense of what a fixed rate mortgage payment could look like. Simply enter this information: The purchase price of your home. Mortgage Payment Calculator Calculator. Calculate how much you'd spend each month to buy a home or renew or refinance your mortgage.