Input Data

Interest rate (annual %) 10.30% Can't be greater than 15%

Loan life (in years) 10 Must be whole numbers
Initial loan amount (in $) $10,000,000 Can't be negative

Year Year-beg Annual Interest

Balance Payment Component

1 $10,000,000 $1,648,487 $1,030,000

2 $9,381,513 $1,648,487 $966,296
3 $8,699,323 $1,648,487 $896,030
4 $7,946,866 $1,648,487 $818,527
5 $7,116,907 $1,648,487 $733,041
6 $6,201,462 $1,648,487 $638,751
7 $5,191,726 $1,648,487 $534,748
8 $4,077,987 $1,648,487 $420,033
9 $2,849,533 $1,648,487 $293,502
10 $1,494,548 $1,648,487 $153,938
 Principal Year-end
Repaid Balance

$618,487 $9,381,513
$682,191 $8,699,323
$752,456 $7,946,866
$829,959 $7,116,907 $1,600,000
$915,445 $6,201,462
$1,400,000
$1,009,736 $5,191,726
$1,113,739 $4,077,987
$1,200,000
$1,228,454 $2,849,533
$1,354,985 $1,494,548 $1,000,000
$1,494,548 $0
$800,000

$600,000

$400,000

$200,000

$0
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