CUMIPMT

Returns the cumulative interest paid on a loan between start_period and end_period.

Syntax

CUMIPMT(<rate>, <nper>, <pv>, <start_period>, <end_period>, <type>)

Parameters

Term Definition
rate The interest rate.
nper The total number of payment periods.
pv The present value.
start_period The first period in the calculation. Must be between 1 and end_period (inclusive).
end_period The last period in the calculation. Must be between start_period and nper (inclusive).
type The timing of the payment. The accepted values are listed below this table.

The type parameter accepts the following values:

Type Timing
0 (zero) Payment at the end of the period
1 Payment at the beginning of the period

Return Value

The cumulative interest paid in the specified period.

Remarks

  • Make sure that you are consistent about the units you use for specifying rate and nper. If you make monthly payments on a four-year loan at an annual interest rate of 10 percent, use 0.1/12 for rate and 4*12 for nper. If you make annual payments on the same loan, use 0.1 for rate and 4 for nper.

  • start_period, end_period, and type are rounded to the nearest integer.

  • An error is returned if:

    • rate ≤ 0.
    • nper < 1.
    • pv ≤ 0.
    • start_period < 1 or start_period > end_period.
    • end_period < start_period or end_period > nper.
    • type is any number other than 0 or 1.
  • This function is not supported for use in DirectQuery mode when used in calculated columns or row-level security (RLS) rules.

Examples

Data Description
9% Annual interest rate
30 Years of the loan
125000 Present value

Example 1

The following DAX query:

EVALUATE
{
  CUMIPMT(0.09/12, 30*12, 125000, 13, 24, 1)
}

Returns the total interest paid in the second year of payments, periods 13 through 24, assuming that the payments are made at the beginning of each month.

[Value]
-11052.3395838718

Example 2

The following DAX query:

EVALUATE
{
  CUMIPMT(0.09/12, 30*12, 125000, 1, 1, 0)
}

Returns the interest paid in a single payment in the first month, assuming that the payment is made at the end of the month.

[Value]
-937.5