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Excel 2007 : Financial Formula

  1. #1
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    Excel 2007
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    Thumbs up Financial Formula

    Hi, need a formula.

    I'm trying to calculate a loan payment that i want to auto-adjust each time i pay some of the principle.

    For example I have a due date of 10/01/2012. I want it to formulate todays date and the target date and give me the weekly payment due.

    Amount owed is $2000
    Target Date is 10/01/2012

    so there's 52 weeks left on the loan. Next week when i check it, i want the formula to change to 51 weeks, so on...

    I can't find the date formula that will do this for me. I was going to use the DAYS360 formula but for whatever reason when i use the DAYS360, it always kicks out "0" as the answer.

    Who's got the answer and what is it?

    Thanks in advance.

  2. #2
    Valued Forum Contributor khamilton's Avatar
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    10-08-2009
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    IL
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    Excel 2007
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    345

    Re: Financial Formula

    To get the weeks =(Due Date-Today())/7
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