Overdraft Repayment - Opening Stock Purchase

Loan Information [42] Summary

Loan Amount ₹ 8,00,00,000 Daily Interest Rate 0.0239726%
Annual Interest Rate 8.75% Number of Payments 12
Term of Loan in Years 1 Total Payments ₹ 8,38,56,612.39
First Day Interest Accrues 01-04-2021 Total Interest ₹ 38,56,612.39
First Payment Date 30-04-2021 Balloon Payment ₹ 69,88,685.65
Payment Frequency Monthly .
100000000
Days in Year 365
80000000 Balance
Balloon Payment 12
Rounding On 60000000
TRUE

40000000
Est. Monthly Payment ₹ 69,87,993
20000000
Actual Monthly Payment FALSE
Payment Number
0
0 5 10 15
Amortization Schedule
Pmt Additional Principal
Date Payment Interest Balance
No. Payments Paid
3-31-21 ₹ 8,00,00,000
1 4-30-21 69,87,993.34 5,77,346.85 64,10,646.49 7,35,89,353.51
2 5-30-21 69,87,993.34 5,31,082.27 64,56,911.07 6,71,32,442.44
3 6-30-21 69,87,993.34 5,00,693.34 64,87,300.00 6,06,45,142.44
4 7-30-21 69,87,993.34 4,37,666.03 65,50,327.31 5,40,94,815.13
5 8-30-21 69,87,993.34 4,03,454.91 65,84,538.43 4,75,10,276.70
6 9-30-21 69,87,993.34 3,54,345.51 66,33,647.83 4,08,76,628.87
7 10-30-21 69,87,993.34 2,94,999.91 66,92,993.43 3,41,83,635.44
8 11-30-21 69,87,993.34 2,54,951.53 67,33,041.81 2,74,50,593.63
9 12-30-21 69,87,993.34 1,98,106.42 67,89,886.92 2,06,60,706.71
10 1-30-22 69,87,993.34 1,54,093.58 68,33,899.76 1,38,26,806.95
11 3-2-22 69,87,993.34 1,03,124.36 68,84,868.98 69,41,937.97
12 3-30-22 69,88,685.65 46,747.68 69,41,937.97 0.00