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    Abhay
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    This document shows the loan repayment schedule for a ₹75,000 loan over 9 installments at an annual interest rate of 13.5%. The equal monthly installment or EMI is ₹8,809.07 which includes principal repayment amounts that decrease each period, interest amounts that also decrease each period as the principal is paid down, an 18% GST amount added to each EMI, and the total EMI including GST remaining constant at ₹10,394.71 each period.

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    Book1

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    This document shows the loan repayment schedule for a ₹75,000 loan over 9 installments at an annual interest rate of 13.5%. The equal monthly installment or EMI is ₹8,809.07 which includes principal repayment amounts that decrease each period, interest amounts that also decrease each period as the principal is paid down, an 18% GST amount added to each EMI, and the total EMI including GST remaining constant at ₹10,394.71 each period.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    6 views2 pages

    Book 1

    Uploaded by

    Abhay
    This document shows the loan repayment schedule for a ₹75,000 loan over 9 installments at an annual interest rate of 13.5%. The equal monthly installment or EMI is ₹8,809.07 which includes principal repayment amounts that decrease each period, interest amounts that also decrease each period as the principal is paid down, an 18% GST amount added to each EMI, and the total EMI including GST remaining constant at ₹10,394.71 each period.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 2

    Loan Amount 75000.

    00 EMI Amount EMI Sl Number Principal


    Interest 13.50% Per Year ₹ 8,809.07 1 7965.3241
    Repayment 9 Installment 2 $8,054.93
    3 $8,145.55
    4 $8,237.19
    5 $8,329.86
    6 $8,423.57
    7 $8,518.33
    8 $8,614.17
    9 $8,711.07
    Interest GST@18% EMI with GST
    843.75 1585.63334 10394.70747465
    $754.14 1585.63334 10394.70747465
    $663.52 $1,585.63 $10,394.71
    $571.88 $1,585.63 $10,394.71
    $479.22 $1,585.63 $10,394.71
    $385.51 $1,585.63 $10,394.71
    $290.74 $1,585.63 $10,394.71
    $194.91 $1,585.63 $10,394.71
    $98.00 $1,585.63 $10,394.71

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