Koaka & Co

Year 2 Loan Workings

Loan assumptions Annual Repayments Year end

Amount 3,000,000 Year Capital Interest Total Loan balance

Number of months 120 1 (162,288) (361,518) (523,805) 2,837,712
Quoted Interest rate 12.35% 2 (183,505) (340,301) (523,805) 2,654,207
3 (207,495) (316,310) (523,805) 2,446,712
Monthly repayment (43,650) 4 (234,623) (289,183) (523,805) 2,212,089
Annual repayment (523,805) 5 (265,296) (258,509) (523,805) 1,946,793
6 (299,980) (223,825) (523,805) 1,646,813
7 (339,198) (184,607) (523,805) 1,307,615
8 (383,544) (140,262) (523,805) 924,072
9 (433,687) (90,119) (523,805) 490,385
10 (490,385) (33,420) (523,805) 0
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
Totals (3,000,000) (2,238,054) (5,238,054)