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  • Loanchart Aug 30 2023 09 38 32

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    prabakaran365
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    This document outlines the details of a 12-month loan with a principal amount of Rs. 100,000, including an equated monthly installment of Rs. 10,655, total interest of Rs. 27,863, and a total amount payable of Rs. 127,863. It also includes a table showing the monthly breakdown of principal and interest payments over the loan term.

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    This document outlines the details of a 12-month loan with a principal amount of Rs. 100,000, including an equated monthly installment of Rs. 10,655, total interest of Rs. 27,863, and a total amount payable of Rs. 127,863. It also includes a table showing the monthly breakdown of principal and interest payments over the loan term.

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    © All Rights Reserved
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    9 views1 page

    Loanchart Aug 30 2023 09 38 32

    Uploaded by

    prabakaran365
    This document outlines the details of a 12-month loan with a principal amount of Rs. 100,000, including an equated monthly installment of Rs. 10,655, total interest of Rs. 27,863, and a total amount payable of Rs. 127,863. It also includes a table showing the monthly breakdown of principal and interest payments over the loan term.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
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    of 1

    Principal Amount 100,000 EMI 10,655

    Tenure (in Months) 12 Total Interest 27,863


    EMI Start Date 30 Aug 2023 Total Amount Payab 127,863
    EMI End Date 30 Jul 2024

    EMI Number EMI Date EMI Monthly Principal Monthly Interest Outstanding Balance
    100,000
    1 30 Aug 2023 10,655 6,655 4,000 93,345
    2 30 Sept 2023 10,655 6,921 3,734 86,423
    3 30 Oct 2023 10,655 7,198 3,457 79,225
    4 30 Nov 2023 10,655 7,486 3,169 71,739
    5 30 Dec 2023 10,655 7,786 2,869 63,953
    6 30 Jan 2024 10,655 8,097 2,558 55,856
    7 28 Feb 2024 10,655 8,421 2,234 47,435
    8 30 Mar 2024 10,655 8,758 1,897 38,677
    9 30 Apr 2024 10,655 9,108 1,547 29,569
    10 30 May 2024 10,655 9,472 1,183 20,097
    11 30 Jun 2024 10,655 9,851 804 10,245
    12 30 Jul 2024 10,655 10,245 410 0

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