The document is a loan calculator that shows the details of a 20-year loan taken out in June 2007 for 130,000 euros at an annual interest rate of 9%. It includes a summary of the scheduled payments, total interest to be paid over the life of the loan, and the declining principal balance over the 240 monthly payments.
The document is a loan calculator that shows the details of a 20-year loan taken out in June 2007 for 130,000 euros at an annual interest rate of 9%. It includes a summary of the scheduled payments, total interest to be paid over the life of the loan, and the declining principal balance over the 240 monthly payments.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as XLS, PDF, TXT or read online from Scribd
The document is a loan calculator that shows the details of a 20-year loan taken out in June 2007 for 130,000 euros at an annual interest rate of 9%. It includes a summary of the scheduled payments, total interest to be paid over the life of the loan, and the declining principal balance over the 240 monthly payments.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as XLS, PDF, TXT or read online from Scribd
Loan Amount 130,000.00 € Scheduled Payment 1,169.64 € Annual Interest Rate 9.00 % Scheduled Number of Payments 240 Loan Period in Years 20 Actual Number of Payments 240 Number of Payments Per Year 12 Total Early Payments 0.00 € Start Date of Loan 21-June-2007 Total Interest 150,714.50 € Optional Extra Payments 0.00 € Advance Payment -122,000.00 € Lender Name: Hypo Alpe Adria Leasing
Scheduled Number of Payments 240 180 120 Actual Number of Payments 240 180 120 Total Early Payments $ - $ - Total Interest $ 64,923.17 $ 41,283.99 $ 20,804.37