I am trying to build a bit of a tracker within Excel/Google Sheets to identify which 'home loan' has the combination of highest interest rate PLUS loan/mortgage size.
The formula I've built so far works for the below conditions;
There is only 1 loan with the highest interest rate, or;
If there are multiple loans that have the highest interest rate, the loan that is the largest is included within that condition.
Where this formula doesn't work is when;
When there are multiple loans with the highest interest rate, however these loans are NOT the largest loan size... I believe the issue is due to the fact I'm including a 'max' statement as part of the match condition. Please see cell reference I8:L10 as an example.
I'm unsure how to achieve this within a formula to identify;
The loan with the highest interest rate
Of the loans with the highest interest rate, which has the largest mortgage/loan size.
Please note the Interest Rate's vary within the data set
Formula Used:
=if(countif($E3:$H3,max($E3:$H3))>1,
if(iserror(index($E$1:$H$1,match(1,(max($E3:$H3)=E3)*(max($A3:$D3)=A3),0))=I$1),"Inactive","Active"),
if(index($E$1:$H$1,match(max($E3:$H3),$E3:$H3,0))=I$1,"Active","Inactive"))
Link to spreadsheet
https://docs.google.com/spreadsheets/d/1GHN8-uX4RdkMz0IIvTTxB0TjAKtUMSdCTFHqXNgHVm4/edit?usp=sharing
Thanks in Advance!
You can use =FILTER($E3:$H3,$E3:$H3-Max($E3:$H3),"") to create an array of all loans with the highest interest rates. I suppose it ought to be possible to create a matching array of loan sizes and then extract the highest of these. However, the task appears intimidating.
Meanwhile I wonder if this much simpler approach will allow you to get to your desired result using simple IF functions.
=IF(A3=MAX($A3:$D3),"Hi loan","Low loan") & " / " & IF(E3=MAX($E3:$H3),"Hi Rate","Low rate")
You chose "Active" and "Inactive". I chose "Hi" and "Low". Both of these are translations of True and False and may be used in conditional formatting, for example, where you simply highlight loans with the highest interest rate in one colour, and choose a different colour where the highest rate is applied to the largest loan. The simple logic I express here can be expressed in words, too. It's just a matter of interpreting the two results provided by my formula to best suit your needs.
Related
Not sure if this is possible in a saved search, but I want to run a calculation off the summed summary results and display it on the same line. I have a SUM of quantity column and a SUM of quantity fulfilled. I want another column that does qty fulfilled / qty as a percentage but it has to be calculated at the summary level.
Any help would be greatly appreciated.
formula
results
Basically I want to do the following but based on the summary data only, in order to calculate the total fill rate (fulfilled/qty ordered) rather than an average fill rate per order. I don't know if it's possible in a summary saved search.(NVL({quantitycommitted},0)+NVL({quantityshiprecv},0))/NULLIF({quantity},0)
With the above and with the AVERAGE function, it's giving me the average of the individual order fill rates. I want the aggregate fill rate instead. If there are 10 orders and 9 filled at 90%, 1 at 0%, my current formula gives me 90%. But what if that 1 order had a way higher qty than the other orders? Then it would be misleading to show an average fill rate of 90% because on the order that counted, you missed all the sales.
Here's a similar logic you may use:
((sum({quantityshiprecv})/sum({quantity})) * 100)
#Dars is correct, but I thought I'd give you a picture of what that looks like in the NetSuite UI.
It doesn't matter what fields you Group by, and you can use the Minimum, Maximum, or Average Summary Type for your Formula (Percent) field
I have a simple spreadsheet that calculates the mortgage payment (using PMT) once user enters some key fields. I am also calculating the housing ratio (B9) which is the mortgage payment(B6) divided by income (B7). I am comparing the housing ratio to the maximum housing ratio (B8). There are many times when the housing ratio (B9) exceeds the maximum housing ratio (B8) and I need a formula in cell B11 that will tell me by how much I have to reduce the loan amount in (B3) to NOT exceed the maximum housing ratio in B8.
Can someone help me out with the correct formula?
Being that this is a pretty simple calculations, I'd suggest just doing it manually using iterative calculation.
First, enable iterative calculations for your workbook via File > Options > Formulas > "Enable iterative calculations."
Then, edit the formula for the loan amount to be (sale price * LTV) - reduce by
Doesn't take long the enter a few different numbers in for the "reduce by" to find it needs to be reduced by ~$6786.
If you want to make it a little more clear you can add another row under Loan Amount like so:
Good afternoon,
I am looking for an Excel/GOOGLE Sheet =SUM(IF()) statement formula that will help to know if I have made or lost money in any given month. To save time when inputting the information, I would like to have once cell in the TOTAL row calculate what is a positive and negative number depending on the PAYMENT TYPE used, and printout the remainder.
This is also maintain inventory for when new items are added to my life during this one month period, because I'm just weird like that.
(See Google Sheet Link for example) ie Expense Report
ie. My expenses are arranged by in a column PAYMENT TYPE: CC (for credit card, negative), CASH (negative), GC (for gift card, not added), or DEPOSIT (for income, positive).
The "added negative/positive" is how the balances should look: red for money spent (CC, CASH), gray for no expense (GC), green for money earned (DEPOSIT).
The =sum(if()) formula would then be able to easily calculate the end result, either in red (money lost) or green (money earned).
If there is another formula outside of =sum(IF()) that would do this job, I am very interested in seeing how it would be applied, so I can learn it.
Thank you for your responses, in advance.
-ECP03
Unfortunately, my current network blocks Google Docs so I can't view your example doc. From what I've gathered, you have a a couple information columns (expense, amount, etc) and then one column that includes the payment type. Here are 2 ways you could do this:
Assumption: you have NAME (Range A1:A5), EXPENSE (Range B1:B5), and PAYMENT_TYPE (Range C1:C5) as your 3 columns with 4 total transactions. Header is the first row (A1:C1). This assumes you will never have more than 1000 transactions to keep track of; just modify 1000 to whatever new max you require.
1) This solution gives you your sum. It does not tell you the positive and negative contributions of the positives and negatives. For that see Solution 2.
Set the cell that you want your net income to be to:
=SUMIF(C1:C1000,"DEPOSIT",B1:B1000)-SUMIF(C1:C1000,"CC",B1:B1000)-SUMIF(C1:C1000,"CASH",B1:B1000)
2) This is the solution that shows both positive and negative contributions.
Set aside 3 cells (say E1, E2, and E3). Set E1 to:
=SUMIF(C1:C1000,"CC",B1:B1000)+SUMIF(C1:C1000,"CASH",B1:B1000)
This is your 'negatives' cell. Set E2 to:
=SUMIF(C1:C1000,"DEPOSIT",B1:B1000)
Set E3 to:
=E2-E1
Then all you have to do is use conditional formatting (if you don't know how to do this just let me know or Google it) to set cell E3 to be green if the amount in it is > 0, red if it is < 0, and gray if it is = 0.
Thank you, Judu Le.
That formula does the trick.
I did use your first answer.
ie. =SUMIF(C1:C1000, "DEPOSIT", B1:B1000) - (SUMIF(C1:C1000, "CC", B1:B1000)+SUMIF(C1:C1000,"CASH",B1:B1000))
The end result did not add or subtract the GC balance, which is what I wanted.
This worked perfectly. Thank you for your timely feedback.
-ECP03
I am looking for some help regarding ranking. My spreadsheet has columns labeled as follows:
Tickers
P/E Rate of Change
P/B Rate of Change
Dividend Yield Rate of Change
P/Sales Rate of Change
I am looking to come up with a composite ranking that takes into account a tickers relative rank within each rate of change category. I tried this first by creating an additional 4 columns and using the formula as follows:
IFERROR(RANK(D4,$D:$D,1),"")
I believe this gives me a rank for the corresponding rate of change. However, for those cells that have either a blank or an error I want to use a median in calculating the tickers rank. I was then going to sum the ranks in another column to come up with my final ranking but that doesn't seem to be calculating correctly as I have blank rows returning rankings that don't make sense.
I think you are almost there.
For one column I would change what you have to
=IFERROR(RANK(D4,$D:$D,1),MEDIAN($D:$D))
Then simply expand to add all ranks together
=IFERROR(RANK(A4,$A:$A,1),MEDIAN($D:$D))
+IFERROR(RANK(B4,$B:$B,1),MEDIAN($D:$D))
+IFERROR(RANK(C4,$C:$C,1),MEDIAN($D:$D))
+IFERROR(RANK(D4,$D:$D,1),MEDIAN($D:$D))
+IFERROR(RANK(E4,$E:$E,1),MEDIAN($D:$D))
To avoid potentially large numbers you could use an average (same resulting rank, but potentially easier to understand) by slightly changing the formula to:
=(IFERROR(RANK(A4,$A:$A,1),MEDIAN($D:$D))
+IFERROR(RANK(B4,$B:$B,1),MEDIAN($D:$D))
+IFERROR(RANK(C4,$C:$C,1),MEDIAN($D:$D))
+IFERROR(RANK(D4,$D:$D,1),MEDIAN($D:$D))
+IFERROR(RANK(E4,$E:$E,1),MEDIAN($D:$D)))/5
I'm looking to compute and show individual row totals and a Grand Total. I just need the formulae to put in the boxes so the calculation is automatic but the problem is the calculations are a little complicated...
I'm using data validation to select the day type. This is what I think I need:
Assign a price to the day type (either Standard day = £23 or Extended day = £26).
Apply a volume discount where appropriate. If Jack is attending all week (5 days) and the day type is the same for all (all Standard or all Extended), the total cost is £100 (or £120)
Else the total number of days needs to be added up for Jack. (Number of days for each ‘day type’) and priced up.
For his siblings after the first, as above but apply an additional discount of 15%.
The grand total then needs to show at the bottom.
Well, it is not the best of data layouts but this may serve, in L6 and copied down to L13:
=IF(OR(A6="Brother",A6="Sister"),0.85* IF(COUNTIF(B6:F6,"Standard day")=5,100,IF(COUNTIF(B6:F6,"Extended day")=5,120,COUNTIF(B6:F6,"Standard day")*23+COUNTIF(B6:F6,"Extended day")*26)), IF(COUNTIF(B6:F6,"Standard day")=5,100,IF(COUNTIF(B6:F6,"Extended day")=5,120,COUNTIF(B6:F6,"Standard day")*23+COUNTIF(B6:F6,"Extended day")*26)))
and =SUM(L1:L16) in D16.
It would be better practice not to hard code the daily rates/discount, but extracting these from C1:D2 would have increased the length of the formula further.
Note also the result is not £429.95 (you may have changed your example after doing your calculations).