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  • Tarlac Factor Rate Sample Computation

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    Noli Calderon
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    This document contains a sample computation of amortization rates for a loan of 17 million PHP over various interest rates and periods of 1 to 5 years. It shows the down payment of 10% plus an additional 15% down payment, the remaining balance, and the monthly amortization for each interest rate and period combination.

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    This document contains a sample computation of amortization rates for a loan of 17 million PHP over various interest rates and periods of 1 to 5 years. It shows the down payment of 10% plus an additional 15% down payment, the remaining balance, and the monthly amortization for each interest rate and period combination.

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    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
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    19 views1 page

    Tarlac Factor Rate Sample Computation

    Uploaded by

    Noli Calderon
    This document contains a sample computation of amortization rates for a loan of 17 million PHP over various interest rates and periods of 1 to 5 years. It shows the down payment of 10% plus an additional 15% down payment, the remaining balance, and the monthly amortization for each interest rate and period combination.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    of 1

    SAMPLE COMPUTATION OF AMORTIZATIONS

    INTEREST RATE PER / ANNUM


    NO OF DOWN PAYMENT Additional DP upon REMAINING MONTHLY
    YEARS 6% 8% ENTER AMOUNT 10% approval (15%) BALANCE AMORTIZATION
    1 0.0860664297 17,000,000.00 1,700,000.00 2,550,000.00 12,750,000.00 1,097,346.98
    2 0.0443206103 17,000,000.00 1,700,000.00 2,550,000.00 12,750,000.00 565,087.78
    3 0.0304219375 17,000,000.00 1,700,000.00 2,550,000.00 12,750,000.00 387,879.70
    4 0.0234850290 17,000,000.00 1,700,000.00 2,550,000.00 12,750,000.00 299,434.12
    5 0.0193328015 17,000,000.00 1,700,000.00 2,550,000.00 12,750,000.00 246,493.22

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