In this video, we break down two essential financial functions in DAX: CUMIPMT and CUMPRINC. These functions are extremely valuable when working with loan analysis, amortization schedules, and financial reporting in Power BI.
You will understand how to calculate cumulative interest and cumulative principal paid between specific periods using practical explanations. If you work in finance, banking, fintech, or analytics, these functions are must-know tools in your DAX toolkit.
What you’ll learn
• How CUMIPMT calculates total interest paid across a range of periods
• How CUMPRINC calculates total principal repaid
• Meaning of inputs like rate, number of periods, present value, start period, end period, and payment type • Handling beginning vs end-of-period payments
• Where these functions fit in real-world business scenarios Mastering these functions will help you build more accurate and dynamic financial dashboards in Power BI.
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