Loan Calculator - Loan Thru.pdf
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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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