Compare PMT vs EDATE

2 vs

Compare PMT vs EDATE side-by-side — differences, popularity and recommendation

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All functions Pick at least 2 functions

Feature

Financial

=PMT()

★ Winner

Syntax

Date & Time

=EDATE()

Syntax

Category

Financial financial

Date & Time date-time

Popularity

60 / 100

45 / 100

Views

◉ 14 views

◉ 13 views

Output

Number

Date

Version

All versions

Volatile

Dynamic Array

Description

How to use the PMT function in Excel to calculate monthly loan payments based on constant payments and a constant interest rate.

Returns the serial number that represents the date that is the indicated number of months before or after a specified date (the start_date). Use EDATE to calculate maturity dates or due dates that fall on the same day of the month as the date of issue.

Syntax

=PMT(rate, nper, pv, [fv], [type])

=EDATE(start_date, months)

Arguments

5 Arguments

rate nper pv fv (Optional) type (Optional)

2 Arguments

start_date months

Examples

Tips

★ Recommendation — Winner: =PMT()

=PMT() is recommended based on higher popularity, newer version and Dynamic Array support.

Winner: =PMT()