Syntax

IPMT(rate, period, number_of_periods, present_value, [future_value], [end_or_beginning])

Arguments

The printed syntax lists 6 argument(s), in order:

  • rate
  • period
  • number_of_periods
  • present_value
  • uture_valu optional
  • nd_or_beginnin optional

“optional” marks an argument Google prints in square brackets; “repeatable” marks one Google prints with “…”.

Description from Google Docs Editors Help

“Calculates the payment on interest for an investment based on constant-amount periodic payments and a constant interest rate.”

Google’s help article for IPMT →

Source: Google Docs Editors Help, “Google Sheets function list” (support.google.com/docs/table/25273), record record 99 of 516, data fetched 28 September 2026. Data month: September 2026.