## Tips & Tricks 88 â€“ Financial Function - Calculate Principal Part of an EMI

This Tips and Tricks is in continuation of Tips & Tricks 84 â€“ Financial Function - Calculate EMI. Now the EMI for a month = Interest for that month and Principal for that month. IPMT is used to calculate the interest portion of your EMI. This I talked about in Tips & Tricks 87 â€“ Financial Function - Calculate Interest Part of an EMI. To calculate the principal part of an EMI, you will need to use PPMT.