Loan Calculator - Loan Thru.pdf

August 14, 2018 | Author: AzwanAli | Category: Interest, Loans, Liability (Financial Accounting), Banking, Financial Services
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LOAN THRU The Loan Calculator 

Loan Calculator LoanThru.com provides you a free and user-friendly loan calculator to estimate the total loan interest and monthly repayment amount. This calculator allows you to select the interest calculation method so that you can see the di ! erence erence between the loan products. NOTE: This calculator assumes a

"xed

interest rate and uses the 30/360 day count convention to compute the total interest amount and monthly repayment "gures. The result generated by this calculator is for reference purposes only, maybe slightly di ! erent erent from some "nancial institutions due to miscellaneous charges, interest computation & unforeseen circumstance circumstances. s. Loan Amount ($) 200000

Term (months) 360

Interest Rate per annum (%) 4.8

Interest calculation method Monthly Reducing

Amortization schedule Year

Monthly Payments

$ 1,049.33

Calculate

www.loanthru.com

Amortization Schedule  YEAR #

PAYMENT ( p + i )

177,759 PRINCIPAL ( p ) INTEREST ( i ) 200,000

BALANCE

1

12,591.97

3,058.68

9,533.29

196,941.32

2

12,591.97

3,208.77

9,383.20

193,732.56

3

12,591.97

3,366.22

9,225.75

190,366.33

4

12,591.97

3,531.40

9,060.57

186,834.93

5

12,591.97

3,704.69

8,887.28

183,130.24

6

12,591.97

3,886.48

8,705.49

179,243.76

7

12,591.97

4,077.19

8,514.78

175,166.57

8

12,591.97

4,277.26

8,314.71

170,889.31

9

12,591.97

4,487.15

8,104.82

166,402.16

10

12,591.97

4,707.33

7,884.64

161,694.83

11

12,591.97

4,938.32

7,653.65

156,756.51

12

12,591.97

5,180.64

7,411.32

151,575.87

13

12,591.97

5,434.86

7,157.11

146,141.01

14

12,591.97

5,701.55

6,890.42

140,439.46

15

12,591.97

5,981.33

6,610.64

134,458.14

16

12,591.97

6,274.83

6,317.14

128,183.31

17

12,591.97

6,582.74

6,009.23

121,600.57

18

12,591.97

6,905.75

5,686.21

114,694.82

19

12,591.97

7,244.62

5,347.35

107,450.19

20

12,591.97

7,600.12

4,991.85

99,850.08

21

12,591.97

7,973.05

4,618.91

91,877.02

22

12,591.97

8,364.29

4,227.67

83,512.73

23

12,591.97

8,774.73

3,817.24

74,738.00

24

12,591.97

9,205.31

3,386.66

65,532.69

25

12,591.97

9,657.02

2,934.95

55,875.67

26

12,591.97

10,130.89

2,461.08

45,744.78

27

12,591.97

10,628.01

1,963.96

35,116.77

28

12,591.97

11,149.53

1,442.44

23,967.24

29

12,591.97

11,696.64

895.33

12,270.60

30

12,591.97

12,270.60

321.37

-0.00

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Loan Calculator 

Loan Amount ($) 50000

Term (months) 120

Interest Rate per annum (%) 5

Interest calculation method Monthly Reducing

Monthly Payments $ 530.33 Total Interest $ 13,639.31

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