By: Maruf Islam

In reply to Tom.

Greetings Tom,

You are right. You can calculate the Total Paid or Payable Amount of a loan using PMT*nper or Cumulative Interest + Loan Amount. And the amount will be the same.
Make sure you enter the Start_period (i.e., minimum 1) and End_period (i.e., within the Total Periods (60)) correctly.

Regards,
Md. Maruf Islam (Exceldemy Team)