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  • Loan Computation Sheet

    Загружено:

    Zendy Pastoral
    27 просмотров2 страницы
    The document outlines the repayment schedule for a 20,000 PHP loan with a term of 6 months and an interest rate of 48% per month. The monthly payment is 3,815.24 PHP. Over the 6 month term, 2,891.43 PHP of the payment goes towards interest and the remaining principal is paid down from 20,000 PHP to 0.

    Исходное описание:

    Loan Computation Sheet

    Авторское право

    © Attribution Non-Commercial (BY-NC)

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    PDF, TXT или читайте онлайн в Scribd

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    The document outlines the repayment schedule for a 20,000 PHP loan with a term of 6 months and an interest rate of 48% per month. The monthly payment is 3,815.24 PHP. Over the 6 month term, 2,891.43 PHP of the payment goes towards interest and the remaining principal is paid down from 20,000 PHP to 0.

    Авторское право:

    Attribution Non-Commercial (BY-NC)
    Скачайте в формате PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
    27 просмотров2 страницы

    Loan Computation Sheet

    Загружено:

    Zendy Pastoral
    The document outlines the repayment schedule for a 20,000 PHP loan with a term of 6 months and an interest rate of 48% per month. The monthly payment is 3,815.24 PHP. Over the 6 month term, 2,891.43 PHP of the payment goes towards interest and the remaining principal is paid down from 20,000 PHP to 0.

    Авторское право:

    Attribution Non-Commercial (BY-NC)
    Скачайте в формате PDF, TXT или читайте онлайн в Scribd
    Отметить как неприемлемый контент
    из 2

    OUTSTANDING BALANCE:

    Term:
    Rate:
    Monthly Payment:

    Months
    1
    2
    3
    4
    5
    6

    Principal
    3,015.24
    3,135.85
    3,261.28
    3,391.73
    3,527.40
    3,668.50
    20,000.00

    20,000.00
    6 months
    48%
    PHP 3,815.24

    Interest
    800.00
    679.39
    553.96
    423.51
    287.84
    146.74
    2,891.43

    Total
    3,815.24
    3,815.24
    3,815.24
    3,815.24
    3,815.24
    3,815.24
    22,891.43

    Balance
    20,000.00
    16,984.76
    13,848.91
    10,587.63
    7,195.90
    3,668.50
    (0.00)

    9
    10

    OUTSTANDING BALANCE:
    Term:
    Rate:
    Monthly Payment:

    Months
    1
    2
    3
    4
    5
    6
    7
    8
    9
    10

    Principal
    1,665.82
    1,732.45
    1,801.75
    1,873.82
    1,948.77
    2,026.72
    2,107.79
    2,192.10
    2,279.79
    2,370.98
    20,000.00

    20,000.00
    10 MONTHS
    48%
    PHP 2,465.82

    Interest
    800.00
    733.37
    664.07
    592.00
    517.05
    439.10
    358.03
    273.71
    186.03
    94.84
    4,658.19

    Total
    2,465.82
    2,465.82
    2,465.82
    2,465.82
    2,465.82
    2,465.82
    2,465.82
    2,465.82
    2,465.82
    2,465.82
    24,658.19

    Balance
    20,000.00
    18,334.18
    16,601.73
    14,799.98
    12,926.16
    10,977.39
    8,950.66
    6,842.87
    4,650.77
    2,370.98
    (0.00)

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