# Financial function question

#### gideon

##### Board Regular
Hi,

Can you tell me the function I should use when trying to do this.....

Enter the loan amount, the interest rate and term to get the repayment amount but then be able to adjust the repayment amount and therefore calculate what that would do to the term of the loan?

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#### SIXTH SENSE

##### Well-known Member
Hi!
Take a look at this!
Book1
ABCD
1AMOUNTRATETERM(YEARS)ANNUALPAYMENT
2\$1,000.0010.00%5(\$263.80)
3
4
6\$1,000.0010.00%4.25(\$300.00)
Sheet1

#### SIXTH SENSE

##### Well-known Member
This looks better!
Book1
ABCDEF
3\$1,000.0010.00%5(\$263.80)(\$300.00)4.25
4\$1,000,000.007.50%10(\$145,685.93)(\$150,000.00)9.58
Sheet1

#### Chitosunday

##### Well-known Member
To calculate the term of the loan use the nper function

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