PMT vs DMAX vs OFFSET
Compact mode

PMT vs DMAX vs OFFSET

Basic Classification Comparison

Basic Information Comparison

  • Known For

    Distinctive characteristic or primary strength of the Excel function
    PMT
    • Calculate Loan Payments
      PMT is known for Calculate Loan Payments.
    DMAX
    • Database Max Value
      DMAX is known for Database Max Value.
    OFFSET
    • Dynamic Range Manipulation
      OFFSET is known for Dynamic Range Manipulation.

Facts Comparison

  • Interesting Fact 💡

    Unique or lesser-known information about the Excel function
    PMT
    • Most used function in banking industry
    DMAX
    • Originally part of Lotus 1-2-3 compatibility
    OFFSET
    • Essential for dynamic charts
  • Sarcastic Fact 🤣

    Humorous or ironic observation about the Excel function
    PMT
    • The function that reminds you of your debts
    DMAX
    • The maximalist's pride and joy
    OFFSET
    • The parkour artist of Excel functions

Technical Details Comparison

  • Input Data Type 📝

    Types of data that the Excel function accepts as input parameters
    PMT
    • Number
      PMT accepts Number as input data. Excel functions specifically designed for numerical calculations
    DMAX
    OFFSET
    • Range
      OFFSET accepts Range as input data. Excel functions that operate on cell ranges and data sets
  • Version Compatibility 💻

    Indicates which Excel versions and platforms the function is compatible with < including Office 365< Excel 2019< 2016< etc.
    For all*
    • Excel 2019
      Excel functions that work specifically in Excel 2019 version
    PMT
    • Excel 2016
      PMT is compatible with Excel 2016 Excel functions that work specifically in Excel 2016 version
    • Excel 2013
      PMT is compatible with Excel 2013 Excel functions that work specifically in Excel 2013 version
    DMAX
    • Excel 97
      DMAX is compatible with Excel 97 Excel functions that work in the classic Excel 97 version
    OFFSET
    • Excel 2016
      OFFSET is compatible with Excel 2016 Excel functions that work specifically in Excel 2016 version
    • Excel 2013
      OFFSET is compatible with Excel 2013 Excel functions that work specifically in Excel 2013 version
  • Operating System 💾

    Specifies the operating systems where the function can be used < including Windows< macOS< and web platforms
    For all*
    • Windows
      Excel functions optimized for Windows operating system
    • MacOS
      Excel functions optimized for MacOS users
    PMT
    • Web Excel
      PMT runs on Web Excel Excel functions available in web-based versions
  • Required Arguments Count 🔢

    Number of mandatory arguments needed for the function to work properly
    For all*
  • Required Arguments Type 📊

    The data types accepted as valid input arguments for the function
    PMT
    • Number
      PMT accepts Number as input types Excel functions that perform calculations specifically with numerical inputs
    • Number
      PMT accepts Number as input types Excel functions that perform calculations specifically with numerical inputs
    • Number
      PMT accepts Number as input types Excel functions that perform calculations specifically with numerical inputs
    DMAX
    • Range
      DMAX accepts Range as input types Excel functions that operate on cell ranges for calculations
    • Text
      DMAX accepts Text as input types Excel functions specialized in text string manipulation and processing
    • Criteria
      DMAX accepts Criteria as input types Excel functions that use specific criteria for filtering and conditional operations
    OFFSET
    • Range
      OFFSET accepts Range as input types Excel functions that operate on cell ranges for calculations
    • Number
      OFFSET accepts Number as input types Excel functions that perform calculations specifically with numerical inputs

Evaluation Comparison

  • Pros

    Key advantages and strengths of the Excel function
    PMT
    • Accurate Calculations
    • Industry Standard
      Excel functions recognized as industry standards ensure widespread compatibility and reliability
    • Reliable
    DMAX
    • Efficient With Large Datasets
    • Reliable Results
    • Excellent For Database Analysis
    • Flexible Criteria
    OFFSET
    • Flexible Range Selection
      Functions that enable selecting dynamic ranges and cell references flexibly
    • Dynamic References
      Functions that can automatically adjust cell references based on changes
  • Cons

    Limitations and potential drawbacks of the Excel function
    PMT
    • Negative Number Output
    • Complex Parameters
    DMAX
    OFFSET
    • Volatile Calculation
    • Complex Syntax

Ratings Comparison

Alternatives to PMT
SUMIFS
Known for Multiple Condition Sum
📈 is more versatile than PMT
ROUND
Known for Round Numbers
📊 is easier to use than PMT
📈 is more versatile than PMT
is rated higher than PMT
MOD
Known for Division Remainder Calculations
📊 is easier to use than PMT
AVERAGE
Known for Basic Statistical Calculation
📊 is easier to use than PMT
is rated higher than PMT
MIN
Known for Finding Lowest Value
📊 is easier to use than PMT
is rated higher than PMT
FACT
Known for Calculate Factorials
📊 is easier to use than PMT
POWER
Known for Exponential Calculations
📊 is easier to use than PMT
is rated higher than PMT
RIGHT
Known for Extract Rightmost Characters
📊 is easier to use than PMT
is rated higher than PMT
EOMONTH
Known for End Of Month Calculations
📊 is easier to use than PMT
🛠 is more reliable than PMT
is rated higher than PMT