PMT FUNC constant payment n constant interest rate PMT(RATE, NPER, PV, FV

AMT OF INSTALMENT PAID FOR LOAN

RATE (GIVEN) INTEREST RATE
EFFECTIVE RATE charged per period

NPER NO OF PERIODS

PRINCIPAL 500000
RATE pa 5%
time 5 years

installment principal+interest

IPMT FUNC
AMT OF INTEREST FOR PARTICULAR PERIOD OF INVESTMENT

IPMT(RATE, PER, NPER, PV, FV)

₹ 10,736.92
PPMT FUNC
AMT OF PRINCIPAL FOR PARTICULAR PERIOD OF INVESTMENT
₹ 104,750

PRINCIPAL 500000
RATE pa 5% PA
time 5 years
EFFECTIVE RATE 0.0125 NOMINAL RATE/ PERIODICITY

PMT ₹ 28,410.19 installment

IPMT ₹ 4,829.93
PPMT ₹ 23,580.27

FV 7500 12
6% 0.005
NPER 60

CUMIPMT
AGGREGATE INTEREST PAID ON LOAN B/W 2 PERIODS (START AND ENDING)

YEARLY 1
SEMI ANNUAL 2
QUARTERLY 4
MONTHLY 12
PERIODICITY 12

12
 present value (pv) 100

pa
ANNUAL

nper 5 time of loanX periodicity

periodicity 1 no of payments per year
PER 4 FOR WHICH INTEREST TO BE CALCULATED

installment ₹ 115,487.40

nper 20 time of loanX periodicity

periodicity 4 no of payments per year QUARTERLY
PER 6 FOR WHICH INTEREST TO BE CALCULATED

START 4
END 10
AGGREG INTEREST -31695 CUMIPMT
AGG PRINCIPAL -167176.73402 CUMPRINC

90000 450000

₹ 525,891.60

YEARLY SEMI ANNUAL QUARTERLY MONTHLY

1 2 4 12
MONTHLY

12
Amount of Loan 2400000.00
Effective Rate 12%
No. Of instalments 3.00
Amount of instalment 999237.55

Loan Repayment Schedule

Instalment Number Opening Balance

1.00 2400000.00
2.00 1688762.45
3.00 892176.39
 annual -107061.17

pmt(rate, no of installments, -pv, fv)

Repayment Schedule
Closing
Interest Instalment Balance
288000.00 999237.55 1688762.45 OP+INT-INSTAL
202651.49 999237.55 892176.39
107061.17 999237.55 0.00

₹ -288,000.00 ₹ -711,237.55
₹ -202,651.49 ₹ -796,586.06
₹ -107,061.17 ₹ -892,176.39
IPMT PPMT TOTAL INSTAL
-288000.00 -711237.55 -999237.55
-202651.49 -796586.06 -999237.55
-107061.17 -892176.39 -999237.55

-168876245%

-168876245%
 Generalised Loan Sheet (without Garbage Cl
Amount of Loan' 2400000 no of instalments paid every year
Rate of interest 12%
Effective Rate of interest 0.06 rate/periodicity
Period Of Loan 3 years
Number of instalments (nper) 6 time X periodicity
Amount of Instalments 488,070 fixed

Loan Repayment Schedule (yearly or half-yearly)

Opening
Instalment Number Balance Interest (op Instalment
1 2400000 144000 488,070
2 2,055,930 123356 488,070
3 1,691,215 101473 488,070
4 1,304,618 78277 488,070
5 894,825 53689 488,070
6 460,444 27627 488,070
7 0 0 488,070
8 -488,070 -29284 488,070
9 -1,005,425 -60325 488,070
10 -1,553,821 -93229 488,070
11 -2,135,120 -128107 488,070
12 -2,751,298 -165078 488,070
13 -3,404,446 -204267 488,070
14 -4,096,783 -245807 488,070
15 -4,830,660 -289840 488,070
16 -5,608,570 -336514 488,070
17 -6,433,155 -385989 488,070
18 -7,307,214 -438433 488,070
19 -8,233,717 -494023 488,070
20 -9,215,811 -552949 488,070
21 -10,256,830 -615410 488,070
22 -11,360,310 -681619 488,070
23 -12,529,999 -751800 488,070
24 -13,769,869 -826192 488,070
25 -15,084,131 -905048 488,070
26 -16,477,250 -988635 488,070
27 -17,953,955 -1077237 488,070
without Garbage Cleaning )
nstalments paid every year PERIODICITY 2 Half Yearly

Half Yearly 2
yearly 1
yearly 1
half yearly 2
quarterly 4
f-yearly) monthly 12
Closing
Balance
2,055,930
1,691,215 yearly half quarterly monthly
1,304,618 1 2 4 12
894,825
460,444
0
-488,070
-1,005,425
-1,553,821 periodicity 2 monthly
-2,135,120
-2,751,298
-3,404,446
-4,096,783
-4,830,660
-5,608,570
-6,433,155
-7,307,214
-8,233,717
-9,215,811
-10,256,830
-11,360,310
-12,529,999
-13,769,869
-15,084,131
-16,477,250
-17,953,955
-19,519,262
 Generalised Loan Sheet (with Garbage C
Amount of Loan' 2400000
Rate of interest 12% p.a.
Effective Rate of interest 0.005 rate/periodicity
Period Of Loan 3 years
Number of instalments 72 timeXperiodicity
Amount of Instalments 39,775

Loan Repayment Schedule

Instalment Opening
Number Balance Interest Instalment
1 2400000 12000 39775
2 2372225 11861 39775
3 2344311 11722 39775
4 2316258 11581 39775
5 2288064 11440 39775
6 2259730 11299 39775
7 2231253 11156 39775
8 2202635 11013 39775
9 2173873 10869 39775
10 2144967 10725 39775
11 2115917 10580 39775
12 2086722 10434 39775
13 2057381 10287 39775
14 2027893 10139 39775
15 1998257 9991 39775
16 1968473 9842 39775
17 1938541 9693 39775
18 1908459 9542 39775
19 1878226 9391 39775
20 1847842 9239 39775
21 1817307 9087 39775
22 1786618 8933 39775
23 1755776 8779 39775
24 1724780 8624 39775
25 1693629 8468 39775
26 1662322 8312 39775
27 1630859 8154 39775
28 1599238 7996 39775
29 1567460 7837 39775
30 1535522 7678 39775
31 1503425 7517 39775
32 1471167 7356 39775
33 1438748 7194 39775
34 1406167 7031 39775
35 1373423 6867 39775
36 1340515 6703 39775
37 1307442 6537 39775
38 1274205 6371 39775
39 1240801 6204 39775
40 1207230 6036 39775
41 1173491 5867 39775
42 1139584 5698 39775
43 1105507 5528 39775
44 1071259 5356 39775
45 1036841 5184 39775
46 1002250 5011 39775
47 967486 4837 39775
48 932549 4663 39775
49 897436 4487 39775
50 862149 4311 39775
51 826685 4133 39775
52 791043 3955 39775
53 755223 3776 39775
54 719224 3596 39775
55 683046 3415 39775
56 646686 3233 39775
57 610144 3051 39775
58 573420 2867 39775
59 536512 2683 39775
60 499420 2497 39775
61 462142 2311 39775
62 424678 2123 39775
63 387026 1935 39775
64 349187 1746 39775
65 311158 1556 39775
66 272939 1365 39775
67 234528 1173 39775
68 195926 980 39775
69 157131 786 39775
70 118141 591 39775
71 78957 395 39775
72 39577 198 39775
t (with Garbage Cleaning )
PERIODICITY 24 Fortnightly

Bi-Monthly 6
Fortnightly 24
Half Yearly 2
Monthly 12
Quarterly 4

Yearly 1

Closing
Balance
2372225
2344311
2316258
2288064
2259730
2231253
2202635
2173873
2144967
2115917
2086722
2057381
2027893
1998257
1968473
1938541
1908459
1878226
1847842
1817307
1786618
1755776
1724780
1693629
1662322
1630859
1599238
1567460
1535522
1503425
1471167
1438748
1406167
1373423
1340515
1307442
1274205
1240801
1207230
1173491
1139584
1105507
1071259
1036841
1002250
967486
932549
897436
862149
826685
791043
755223
719224
683046
646686
610144
573420
536512
499420
462142
424678
387026
349187
311158
272939
234528
195926
157131
118141
78957
39577
0
AMT PRINCIPAL 2400000
RATE 12%
EFFECTIVE RATE 0.06 R/PERIODICITY
TIME 3 YEARS
NPER 6 TIMExPERIODICITY
AMT OF INSTALMENT ₹ 488,070.31

INSTAL NO OPENING BAL INTEREST INSTAL CLOSING BAL

2400000 144000 ₹ 488,070.31 ₹ 2,055,929.69
₹ 2,055,930 ₹ 123,355.78 ₹ 488,070.31 ₹ 1,691,215.16
₹ 1,691,215 ₹ 101,472.91 ₹ 488,070.31 ₹ 1,304,617.77
₹ 1,304,618 ₹ 78,277.07 ₹ 488,070.31 ₹ 894,824.52
₹ 894,825 ₹ 53,689.47 ₹ 488,070.31 ₹ 460,443.69
₹ 460,444 ₹ 27,626.62 ₹ 488,070.31 ₹ 0.00
₹0 ₹ 0.00 ₹ 488,070.31 ₹ -488,070.31
₹ -488,070 ₹ -29,284.22 ₹ 488,070.31 ₹ -1,005,424.84
₹ -1,005,425 ₹ -60,325.49 ₹ 488,070.31 ₹ -1,553,820.63
₹ -1,553,821 ₹ -93,229.24 ₹ 488,070.31 ₹ -2,135,120.18
₹ -2,135,120 ₹ -128,107.21 ₹ 488,070.31 ₹ -2,751,297.70
₹ -2,751,298 ₹ -165,077.86 ₹ 488,070.31 ₹ -3,404,445.87
₹ -3,404,446 ₹ -204,266.75 ₹ 488,070.31 ₹ -4,096,782.93
₹ -4,096,783 ₹ -245,806.98 ₹ 488,070.31 ₹ -4,830,660.21
₹ -4,830,660 ₹ -289,839.61 ₹ 488,070.31 ₹ -5,608,570.14
₹ -5,608,570 ₹ -336,514.21 ₹ 488,070.31 ₹ -6,433,154.65
₹ -6,433,155 ₹ -385,989.28 ₹ 488,070.31 ₹ -7,307,214.24
₹ -7,307,214 ₹ -438,432.85 ₹ 488,070.31 ₹ -8,233,717.40
₹ -8,233,717 ₹ -494,023.04 ₹ 488,070.31 ₹ -9,215,810.75
₹ -9,215,811 ₹ -552,948.65 ₹ 488,070.31 ₹ -10,256,829.71
₹ -10,256,830 ₹ -615,409.78 ₹ 488,070.31 ₹ -11,360,309.80
₹ -11,360,310 ₹ -681,618.59 ₹ 488,070.31 ₹ -12,529,998.69
₹ -12,529,999 ₹ -751,799.92 ₹ 488,070.31 ₹ -13,769,868.92
₹ -13,769,869 ₹ -826,192.14 ₹ 488,070.31 ₹ -15,084,131.37
₹ -15,084,131 ₹ -905,047.88 ₹ 488,070.31 ₹ -16,477,249.56
₹ -16,477,250 ₹ -988,634.97 ₹ 488,070.31 ₹ -17,953,954.84
₹ -17,953,955 ₹ -1,077,237.29 ₹ 488,070.31 ₹ -19,519,262.44
₹ -19,519,262 ₹ -1,171,155.75 ₹ 488,070.31 ₹ -21,178,488.49
₹ -21,178,488 ₹ -1,270,709.31 ₹ 488,070.31 ₹ -22,937,268.11
₹ -22,937,268 ₹ -1,376,236.09 ₹ 488,070.31 ₹ -24,801,574.51
₹ -24,801,575 ₹ -1,488,094.47 ₹ 488,070.31 ₹ -26,777,739.29
₹ -26,777,739 ₹ -1,606,664.36 ₹ 488,070.31 ₹ -28,872,473.95
₹ -28,872,474 ₹ -1,732,348.44 ₹ 488,070.31 ₹ -31,092,892.70
₹ -31,092,893 ₹ -1,865,573.56 ₹ 488,070.31 ₹ -33,446,536.57
₹ -33,446,537 ₹ -2,006,792.19 ₹ 488,070.31 ₹ -35,941,399.07
₹ -35,941,399 ₹ -2,156,483.94 ₹ 488,070.31 ₹ -38,585,953.32
PERIODICITY 2 SEMI ANNUAL YEARLY 1
SEMI ANNUAL 2
QUARTERLY 4
MONTHLY 12
AMT PRINCIPAL 2400000
RATE 12%
EFFECTIVE RATE 0.03 R/PERIODICITY
TIME 3 YEARS
NPER 12 TIMExPERIODICITY
AMT OF INSTALMENT ₹ 241,109.01

INSTAL NO OPENING BAL INTEREST INSTAL CLOSING BAL

1 2400000 72000 ₹ 241,109.01 ₹ 2,230,890.99
2 ₹ 2,230,891 ₹ 66,926.73 ₹ 241,109.01 ₹ 2,056,708.72
3 ₹ 2,056,709 ₹ 61,701.26 ₹ 241,109.01 ₹ 1,877,300.98
4 ₹ 1,877,301 ₹ 56,319.03 ₹ 241,109.01 ₹ 1,692,511.00
5 ₹ 1,692,511 ₹ 50,775.33 ₹ 241,109.01 ₹ 1,502,177.33
6 ₹ 1,502,177 ₹ 45,065.32 ₹ 241,109.01 ₹ 1,306,133.64
7 ₹ 1,306,134 ₹ 39,184.01 ₹ 241,109.01 ₹ 1,104,208.64
8 ₹ 1,104,209 ₹ 33,126.26 ₹ 241,109.01 ₹ 896,225.90
9 ₹ 896,226 ₹ 26,886.78 ₹ 241,109.01 ₹ 682,003.67
10 ₹ 682,004 ₹ 20,460.11 ₹ 241,109.01 ₹ 461,354.77
11 ₹ 461,355 ₹ 13,840.64 ₹ 241,109.01 ₹ 234,086.41
12 ₹ 234,086 ₹ 7,022.59 ₹ 241,109.01 ₹ 0.00
PERIODICITY 4 QUARTERLY YEARLY 1
SEMI ANN 2
QUARTERL 4
MONTHLY 12
CASE 1 AMOUNT TO BE REPAID BEFORE CHANGE IN PERIODICITY

amt of loan 2400000 bimonthly 6

time 6 years fortnightly 24
rate 0.06 CONSTANT half yearly 2
BEFORE RESCHEDULING monthly 12
periodicity1 1 yearly quarterly 4
time pd1 4 years yearly 1
nper1 4 time1Xperiodicity1
effective rate1 0.06 RATE/P1
amount to be repaid 0.750 1800000 given
installment1 555465 EFFRATE1, NPER1, AMT, (AMT-REPAID BEFORE CHANGE)
AFTER RESCHEDULING
periodicity2 4 quarterly
time pd2 2 years
nper2 8 T2xP2
effective rate2 0.0150 RATE/P2
amount to be repaid 0.250 600000
installment2 80150 EEFF RATE2, NPERA, AMT LEFT TO BE REPAID
TOTAL INSTALL NO (TOTAL NP 12

INTALL NO OP BAL INTEREST INSTALL CL BAL

1 2400000 144000 ₹ 555,465 ₹ 1,988,535
2 1988535 119312 ₹ 555,465 ₹ 1,552,383
3 1552383 93143 ₹ 555,465 ₹ 1,090,061
4 1090061 65404 ₹ 555,465 ₹ 600,000
5 600000 9000 ₹ 80,150 ₹ 528,850
6 528850 7933 ₹ 80,150 ₹ 456,632
7 456632 6849 ₹ 80,150 ₹ 383,331
8 383331 5750 ₹ 80,150 ₹ 308,931
9 308931 4634 ₹ 80,150 ₹ 233,414
10 233414 3501 ₹ 80,150 ₹ 156,765
11 156765 2351 ₹ 80,150 ₹ 78,966
12 78966 1184 ₹ 80,150 ₹0
GE IN PERIODICITY IS GIVEN
given upto 4 years pay installments on yearly basis and after 4 yrs pay installments on quarterly basis
given 75% of the loan is to be repaid till 4 years

24 EQUALLY DIVIDED IN 4 YEARS SO THAT WE PAY UPTO 18 AND LEFT WITH 6 L)

CASE 2 AMOUNT TO BE REPAID BEFORE CHANGE IN PERIODICITY IS N
given UPTO 4 YRS PAY YEARLY INSTALLMENTS and after 4

NPER before rescheduling calculations 6 timeXperiodicity1

amt of loan 2400000 bimonthly 6
time 6 years fortnightly 24
rate 0.06 half yearly 2
BEFORE RESCHEDULING monthly 12
periodicity1 1 yearly quarterly 4
time pd1 4 years yearly 1
nper1 4 T1XP1
effective rate1 0.06 R/P1
amount to be repaid 0.75 1800000 not given in this question SO CALCULATE AMT REPAID BEFORE RESC
installment 488070 calculate installment pre rescheduling using NPER originally
agg principal repaid 1505175 start period is 1 and end period is nper before rescheduling begins i
AFTER RESCHEDULING
periodicity2 4 quarterly
time pd2 2 years
nper2 8 T2xP2
effective rate2 0.0150 R/P2
amount to be repaid 0.25 894825 amt of loan - principal repaid
installment2 119534
TOTAL INSTALL NO 12

INTALL NO OP BAL INTEREST INSTALL CL BAL

1 2400000 144000 ₹ 488,070 ₹ 2,055,930
2 2055930 123356 ₹ 488,070 ₹ 1,691,215
3 1691215 101473 ₹ 488,070 ₹ 1,304,618
4 1304618 78277 ₹ 488,070 ₹ 894,825
5 894825 13422 ₹ 119,534 ₹ 788,713
6 788713 11831 ₹ 119,534 ₹ 681,009
7 681009 10215 ₹ 119,534 ₹ 571,690
8 571690 8575 ₹ 119,534 ₹ 460,731
9 460731 6911 ₹ 119,534 ₹ 348,108
10 348108 5222 ₹ 119,534 ₹ 233,795
11 233795 3507 ₹ 119,534 ₹ 117,768
12 117768 1767 ₹ 119,534 ₹0
PERIODICITY IS NOT GIVEN
NSTALLMENTS and after 4 years quarterly insta

CUMPRINC

AMT REPAID BEFORE RESCHEDULING USING CUMPRINC; SEE B15

efore rescheduling begins i.e. B11

CASE 3 Change in Rate of Interest Only Once after given
given

amt of loan 2400000

time 6 years
PERIODICITY(REMAINS CONSTANT FOR ALL
INSTALLMENTS) 4 quarterly
BEFORE RESCHEDULING
rate (upto first 4 yrs)1 0.060 pa
time pd2 4 years
nperb 16 TIME2xPERIODICITY
effective rate1 0.015 RATE1/PERIODICITY
amount to be repaid before rescheduling CUMPRINC 1503052.59114 EFF RATE 1, TOTAL NPER, AMT, START PD 1,
installment 119818 eff rate1, total nper, total amt
AFTER RESCHEDULING after 4 yrs
RATE(AFTER 4 YRS)2 0.090
time pd2 2 years
npera 8 T2XP
effective rate2 0.0225 R2/P
amount to be repaid 896947 total amt-amt repaid before rescheduling
installment 123765 eff rate2, npera, remaining amt to be repaid
TOTAL INSTALL NO (total nper) 24

INTALL NO OP BAL INTEREST INSTALL

1 2400000 36000 ₹ 119,818
2 2316182 34743 ₹ 119,818
3 2231107 33467 ₹ 119,818
4 2144756 32171 ₹ 119,818
5 2057109 30857 ₹ 119,818
6 1968148 29522 ₹ 119,818
7 1877852 28168 ₹ 119,818
8 1786202 26793 ₹ 119,818
9 1693178 25398 ₹ 119,818
10 1598757 23981 ₹ 119,818
11 1502921 22544 ₹ 119,818
12 1405647 21085 ₹ 119,818
13 1306914 19604 ₹ 119,818
14 1206700 18100 ₹ 119,818
15 1104982 16575 ₹ 119,818
16 1001739 15026 ₹ 119,818
17 896947 20181 ₹ 123,765
18 793364 17851 ₹ 123,765
19 687450 15468 ₹ 123,765
20 579152 13031 ₹ 123,765
21 468418 10539 ₹ 123,765
22 355193 7992 ₹ 123,765
23 239420 5387 ₹ 123,765
24 121042 2723 ₹ 123,765
Only Once after given no. of intallments
for first 4 years rate is 6% pa and after rescheduling the rate is 9% pa

bef 4 yrs af 2 yrs 6 yrs

nperb npera 4
bimonthly 6 16 8 24
fortnightly 24

half yearly 2
monthly 12
quarterly 4
yearly 1

TE 1, TOTAL NPER, AMT, START PD 1, END PD NPERB

fore rescheduling
ng amt to be repaid

CL BAL
₹ 2,316,182
₹ 2,231,107
₹ 2,144,756
₹ 2,057,109
₹ 1,968,148
₹ 1,877,852
₹ 1,786,202
₹ 1,693,178
₹ 1,598,757
₹ 1,502,921
₹ 1,405,647
₹ 1,306,914
₹ 1,206,700
₹ 1,104,982
₹ 1,001,739
₹ 896,947
₹ 793,364
₹ 687,450
₹ 579,152
₹ 468,418
₹ 355,193
₹ 239,420
₹ 121,042
₹ -0
CASE 4 floating rate (continuous rescheduling)
changes: (NPER)total no of instalments, amount of instalment, amt of loan outstanding changes in every instalment

pv of year n
AMT PRINCIPAL 2400000 nper of yr n
PERIODICITY 4 QUARTERLY eff rate of yr n
TIME 3 years
NPER 12 TXP

eff rate*, nper-prev instal no, -op bal*)

instalment no opening bal interest instalment closing bal
1 ₹ 2,400,000 ₹ 36,000.00 ₹ 220,031.98 ₹ 2,215,968.02
2 ₹ 2,215,968 ₹ 41,549.40 ₹ 224,816.13 ₹ 2,032,701.29
3 ₹ 2,032,701 ₹ 40,654.03 ₹ 226,293.58 ₹ 1,847,061.74
4 ₹ 1,847,062 ₹ 18,470.62 ₹ 215,626.66 ₹ 1,649,905.70
5 ₹ 1,649,906 ₹ 20,623.82 ₹ 218,007.21 ₹ 1,452,522.31
6 ₹ 1,452,522 ₹ 21,787.83 ₹ 220,138.71 ₹ 1,254,171.43
7 ₹ 1,254,171 ₹ 23,515.71 ₹ 222,958.38 ₹ 1,054,728.77
8 ₹ 1,054,729 ₹ 21,094.58 ₹ 223,769.56 ₹ 852,053.78
9 ₹ 852,054 ₹ 8,520.54 ₹ 218,365.28 ₹ 642,209.04
10 ₹ 642,209 ₹ 8,027.61 ₹ 219,443.58 ₹ 430,793.07
11 ₹ 430,793 ₹ 6,461.90 ₹ 220,254.98 ₹ 216,999.98
12 ₹ 217,000 ₹ 4,068.75 ₹ 221,068.73 ₹ 0.00
changes in every instalment

opening bal of year n

NPER-prev inst no.
YEARLY 1
SEMI ANNUAL 2
QUARTERLY 4
MONTHLY 12

given rate/periodicity
interest rate effective rate
6% 0.015
7.50% 0.01875
8% 0.02
4% 0.01
5% 0.0125
6% 0.015
7.50% 0.01875
8% 0.02
4% 0.01
5% 0.0125
6% 0.015
7.50% 0.01875
8% 0.02
4% 0.01
5% 0.0125
6% 0.015
7.50% 0.01875
8% 0.02
4% 0.01
5% 0.0125
6% 0.015
7.50% 0.01875
8% 0.02
4% 0.01
5% 0.0125
105% 0.2625
205% 0.5125
305% 0.7625
405% 1.0125
505% 1.2625
605% 1.5125
705% 1.7625
805% 2.0125
 905% 2.2625
1005% 2.5125
1105% 2.7625
CASE 5 rate depends on nature of loan and time peri
bimonthly 6
fortnightly 24
half yearly 2
amount 2400000 monthly 12
time period 7 years quarterly 4
periodicity 4 quarterly yearly 1
nper 28 timeXperiodicity
nature of loan PERSONAL
rate 0.075 VLOOKUP
effective rate 0.01875 rate/periodicity
instalment amt ₹ 110,957.15 this remains constant

instal no. opening bal interest instalment closing bal

1 2400000 45000 ₹ 110,957 ₹ 2,334,043
2 2334043 43763 ₹ 110,957 ₹ 2,266,849
3 2266849 42503 ₹ 110,957 ₹ 2,198,395
4 2198395 41220 ₹ 110,957 ₹ 2,128,658
5 2128658 39912 ₹ 110,957 ₹ 2,057,613
6 2057613 38580 ₹ 110,957 ₹ 1,985,236
7 1985236 37223 ₹ 110,957 ₹ 1,911,502
8 1911502 35841 ₹ 110,957 ₹ 1,836,386
9 1836386 34432 ₹ 110,957 ₹ 1,759,861
10 1759861 32997 ₹ 110,957 ₹ 1,681,901
11 1681901 31536 ₹ 110,957 ₹ 1,602,480
12 1602480 30046 ₹ 110,957 ₹ 1,521,569
13 1521569 28529 ₹ 110,957 ₹ 1,439,141
14 1439141 26984 ₹ 110,957 ₹ 1,355,168
15 1355168 25409 ₹ 110,957 ₹ 1,269,620
16 1269620 23805 ₹ 110,957 ₹ 1,182,469
17 1182469 22171 ₹ 110,957 ₹ 1,093,683
18 1093683 20507 ₹ 110,957 ₹ 1,003,232
19 1003232 18811 ₹ 110,957 ₹ 911,086
20 911086 17083 ₹ 110,957 ₹ 817,211
21 817211 15323 ₹ 110,957 ₹ 721,577
22 721577 13530 ₹ 110,957 ₹ 624,149
23 624149 11703 ₹ 110,957 ₹ 524,895
24 524895 9842 ₹ 110,957 ₹ 423,779
25 423779 7946 ₹ 110,957 ₹ 320,768
26 320768 6014 ₹ 110,957 ₹ 215,825
27 215825 4047 ₹ 110,957 ₹ 108,915
28 108915 2042 ₹ 110,957 ₹ -0
and time period of loan
INTEREST RATES (ASSUMED)
TIME PERIOD NATURE OF LOAN
(YEARS) PERSONAL COMMERCIAL
5 6% 8%
6 7% 9%
7 7.50% 10%
8 8% 11%
9 8.50% 12%
10 9% 13% COMMERCIAL
CASE 6 BOTH RATE AND PERIODICITY CHANGE SIMULTANE
MIX OF CASE 1 AND CASE 3 given
given

amt of loan 2400000 bimonthly 6

time 6 years fortnightly 24
BEFORE RESCHEDULING half yearly 2
periodicity1 1 yearly monthly 12
time pd 4 yrs quarterly 4
nperb 4 t1Xp1 yearly 1
rate1 0.06
effective rate1 0.06 r1/p1
amount to be repaid 0.750 1800000 CUMPRINC if amt repaid before rescheduling not given
installment1 555465
AFTER RESCHEDULING
periodicity2 4 quarterly
time pd 2 years
npera 8 t2Xp2
rate2 0.09
effective rate2 0.0225 r2/p2
amount to be repaid 0.250 600000
installment2 82791
TOTAL INSTALL NO 12

INTALL NO OP BAL INTEREST INSTALL CL BAL

1 2400000 144000 ₹ 555,465 ₹ 1,988,535
2 1988535 119312 ₹ 555,465 ₹ 1,552,383
3 1552383 93143 ₹ 555,465 ₹ 1,090,061
4 1090061 65404 ₹ 555,465 ₹ 600,000
5 600000 13500 ₹ 82,791 ₹ 530,709
6 530709 11941 ₹ 82,791 ₹ 459,859
7 459859 10347 ₹ 82,791 ₹ 387,415
8 387415 8717 ₹ 82,791 ₹ 313,342
9 313342 7050 ₹ 82,791 ₹ 237,601
10 237601 5346 ₹ 82,791 ₹ 160,156
11 160156 3604 ₹ 82,791 ₹ 80,969
12 80969 1822 ₹ 82,791 ₹0
NGE SIMULTANEOUSLY
upto 4 years pay installments on yearly basis @6% and after 4 yrs pay installments on quarterly basis @9%
75% of the loan is to be repaid till 4 years

eduling not given