This document outlines the details of a loan with an initial balance of $2,500,000, to be paid off over 6 periods with an interest rate of 1.5% and a monthly payment of $438,813.04. It shows the beginning balance, interest accrued, payment toward principal, total payment, and ending balance for each period, with the loan being fully paid off by the end of the 6th period.
This document outlines the details of a loan with an initial balance of $2,500,000, to be paid off over 6 periods with an interest rate of 1.5% and a monthly payment of $438,813.04. It shows the beginning balance, interest accrued, payment toward principal, total payment, and ending balance for each period, with the loan being fully paid off by the end of the 6th period.
This document outlines the details of a loan with an initial balance of $2,500,000, to be paid off over 6 periods with an interest rate of 1.5% and a monthly payment of $438,813.04. It shows the beginning balance, interest accrued, payment toward principal, total payment, and ending balance for each period, with the loan being fully paid off by the end of the 6th period.