period beginning balance annuity payment principal repayment interest ending balance

1 ₱ 200,000.00 55,481.95 31,481.95 24,000.00 ₱ 168,518.05

2 ₱ 168,518.05 55,481.95 35,259.78 20,222.17 ₱ 133,258.27
3 ₱ 133,258.27 55,481.95 39,490.96 15,990.99 ₱ 93,767.31
4 ₱ 93,767.31 55,481.95 44,229.87 11,252.08 ₱ 49,537.43
5 ₱ 49,537.43 55,481.95 49,537.46 5,944.49 -₱ 0.02

period beginning balance annuity payment principal repayment interest ending balance
1 ₱ 50,000.00 8,701.69 8,076.69 625.00 ₱ 41,923.31
2 ₱ 41,923.31 8,701.69 8,177.65 524.04 ₱ 33,745.66
3 ₱ 33,745.66 8,701.69 8,279.87 421.82 ₱ 25,465.79
4 ₱ 25,465.79 8,701.69 8,383.37 318.32 ₱ 17,082.42
5 ₱ 17,082.42 8,701.69 8,488.16 213.53 ₱ 8,594.26
6 ₱ 8,594.26 8,701.69 8,594.26 107.43 ₱ 0.00

period beginning balance annuity payment principal repayment interest ending balance
1 ₱ 400,000.00 80,000.00 40,000.00 40,000.00 ₱ 360,000.00
2 ₱ 360,000.00 76,000.00 40,000.00 36,000.00 ₱ 320,000.00
3 ₱ 320,000.00 72,000.00 40,000.00 32,000.00 ₱ 280,000.00
4 ₱ 280,000.00 68,000.00 40,000.00 28,000.00 ₱ 240,000.00
5 ₱ 240,000.00 64,000.00 40,000.00 24,000.00 ₱ 200,000.00
6 ₱ 200,000.00 60,000.00 40,000.00 20,000.00 ₱ 160,000.00
7 ₱ 160,000.00 56,000.00 40,000.00 16,000.00 ₱ 120,000.00
8 ₱ 120,000.00 52,000.00 40,000.00 12,000.00 ₱ 80,000.00
9 ₱ 80,000.00 48,000.00 40,000.00 8,000.00 ₱ 40,000.00
10 ₱ 40,000.00 44,000.00 40,000.00 4,000.00 ₱ -
 Annuity Principal
Period Beginning Balance Interest
Payment Repayment
1 ₱ 100,000.00 22,251.46 18,000.00 4,251.46
2 ₱ 95,748.54 22,251.46 17,234.74 5,016.72
3 ₱ 90,731.82 22,251.46 16,331.73 5,919.73
4 ₱ 84,812.08 22,251.46 15,266.18 6,985.28
5 ₱ 77,826.80 22,251.46 14,008.82 8,242.64
6 ₱ 69,584.16 22,251.46 12,525.15 9,726.31
7 ₱ 59,857.85 22,251.46 10,774.41 11,477.05
8 ₱ 48,380.81 22,251.46 8,708.55 13,542.91
9 ₱ 34,837.89 22,251.46 6,270.82 15,980.64
10 ₱ 18,857.25 22,251.56 3,394.31 18,857.25
 Ending
Balance
₱ 95,748.54
₱ 90,731.82 r = 18%
₱ 84,812.08 interest = beginning balance * rate of interest
₱ 77,826.80 principal repayment = annuity - interest repayment
₱ 69,584.16 ending balance = beginning balance - principal repayment
₱ 59,857.85 ANNUAL AMORTIZATION
₱ 48,380.81 rate 0.180
₱ 34,837.89 Principal ₱ 100,000.00
₱ 18,857.25 time 10
-₱ 0.00 Amortization ₱ 22,251.46
 Beginning Annuity Principal Ending
Period Interest
Balance Payment Repayment Balance

1 ₱ 39,090,000.00 744,141.07 174,602.00 569,539.07 ₱ 38,520,460.93

2 ₱ 38,520,460.93 744,141.07 172,058.06 572,083.01 ₱ 37,948,377.92
3 ₱ 37,948,377.92 744,141.07 169,502.75 574,638.32 ₱ 37,373,739.60
4 ₱ 37,373,739.60 744,141.07 166,936.04 577,205.03 ₱ 36,796,534.57
5 ₱ 36,796,534.57 744,141.07 164,357.85 579,783.22 ₱ 36,216,751.35
6 ₱ 36,216,751.35 744,141.07 161,768.16 582,372.91 ₱ 35,634,378.44
7 ₱ 35,634,378.44 744,141.07 159,166.89 584,974.18 ₱ 35,049,404.26
8 ₱ 35,049,404.26 744,141.07 156,554.01 587,587.06 ₱ 34,461,817.20
9 ₱ 34,461,817.20 744,141.07 153,929.45 590,211.62 ₱ 33,871,605.58
10 ₱ 33,871,605.58 744,141.07 151,293.17 592,847.90 ₱ 33,278,757.68
11 ₱ 33,278,757.68 744,141.07 148,645.12 595,495.95 ₱ 32,683,261.73
12 ₱ 32,683,261.73 744,141.07 145,985.24 598,155.83 ₱ 32,085,105.89
13 ₱ 32,085,105.89 744,141.07 143,313.47 600,827.60 ₱ 31,484,278.30
14 ₱ 31,484,278.30 744,141.07 140,629.78 603,511.29 ₱ 30,880,767.00
15 ₱ 30,880,767.00 744,141.07 137,934.09 606,206.98 ₱ 30,274,560.02
16 ₱ 30,274,560.02 744,141.07 135,226.37 608,914.70 ₱ 29,665,645.32
17 ₱ 29,665,645.32 744,141.07 132,506.55 611,634.52 ₱ 29,054,010.80
18 ₱ 29,054,010.80 744,141.07 129,774.58 614,366.49 ₱ 28,439,644.31
19 ₱ 28,439,644.31 744,141.07 127,030.41 617,110.66 ₱ 27,822,533.65
20 ₱ 27,822,533.65 744,141.07 124,273.98 619,867.09 ₱ 27,202,666.57
21 ₱ 27,202,666.57 744,141.07 121,505.24 622,635.83 ₱ 26,580,030.74
22 ₱ 26,580,030.74 744,141.07 118,724.14 625,416.93 ₱ 25,954,613.81
23 ₱ 25,954,613.81 744,141.07 115,930.61 628,210.46 ₱ 25,326,403.35
24 ₱ 25,326,403.35 744,141.07 113,124.60 631,016.47 ₱ 24,695,386.88
25 ₱ 24,695,386.88 744,141.07 110,306.06 633,835.01 ₱ 24,061,551.87
26 ₱ 24,061,551.87 744,141.07 107,474.93 636,666.14 ₱ 23,424,885.73
27 ₱ 23,424,885.73 744,141.07 104,631.16 639,509.91 ₱ 22,785,375.82
28 ₱ 22,785,375.82 744,141.07 101,774.68 642,366.39 ₱ 22,143,009.43
29 ₱ 22,143,009.43 744,141.07 98,905.44 645,235.63 ₱ 21,497,773.80
30 ₱ 21,497,773.80 744,141.07 96,023.39 648,117.68 ₱ 20,849,656.12
31 ₱ 20,849,656.12 744,141.07 93,128.46 651,012.61 ₱ 20,198,643.51
32 ₱ 20,198,643.51 744,141.07 90,220.61 653,920.46 ₱ 19,544,723.05
33 ₱ 19,544,723.05 744,141.07 87,299.76 656,841.31 ₱ 18,887,881.74
34 ₱ 18,887,881.74 744,141.07 84,365.87 659,775.20 ₱ 18,228,106.55
35 ₱ 18,228,106.55 744,141.07 81,418.88 662,722.19 ₱ 17,565,384.35
36 ₱ 17,565,384.35 744,141.07 78,458.72 665,682.35 ₱ 16,899,702.00
37 ₱ 16,899,702.00 744,141.07 75,485.34 668,655.73 ₱ 16,231,046.26
38 ₱ 16,231,046.26 744,141.07 72,498.67 671,642.40 ₱ 15,559,403.87
39 ₱ 15,559,403.87 744,141.07 69,498.67 674,642.40 ₱ 14,884,761.47
40 ₱ 14,884,761.47 744,141.07 66,485.27 677,655.80 ₱ 14,207,105.67
41 ₱ 14,207,105.67 744,141.07 63,458.41 680,682.66 ₱ 13,526,423.00
42 ₱ 13,526,423.00 744,141.07 60,418.02 683,723.05 ₱ 12,842,699.95
43 ₱ 12,842,699.95 744,141.07 57,364.06 686,777.01 ₱ 12,155,922.94
44 ₱ 12,155,922.94 744,141.07 54,296.46 689,844.61 ₱ 11,466,078.33
45 ₱ 11,466,078.33 744,141.07 51,215.15 692,925.92 ₱ 10,773,152.41
46 ₱ 10,773,152.41 744,141.07 48,120.08 696,020.99 ₱ 10,077,131.42
47 ₱ 10,077,131.42 744,141.07 45,011.19 699,129.88 ₱ 9,378,001.54
48 ₱ 9,378,001.54 744,141.07 41,888.41 702,252.66 ₱ 8,675,748.87
49 ₱ 8,675,748.87 744,141.07 38,751.68 705,389.39 ₱ 7,970,359.48
50 ₱ 7,970,359.48 744,141.07 35,600.94 708,540.13 ₱ 7,261,819.35
51 ₱ 7,261,819.35 744,141.07 32,436.13 711,704.94 ₱ 6,550,114.41
52 ₱ 6,550,114.41 744,141.07 29,257.18 714,883.89 ₱ 5,835,230.51
53 ₱ 5,835,230.51 744,141.07 26,064.03 718,077.04 ₱ 5,117,153.47
54 ₱ 5,117,153.47 744,141.07 22,856.62 721,284.45 ₱ 4,395,869.02
55 ₱ 4,395,869.02 744,141.07 19,634.88 724,506.19 ₱ 3,671,362.83
56 ₱ 3,671,362.83 744,141.07 16,398.75 727,742.32 ₱ 2,943,620.52
57 ₱ 2,943,620.52 744,141.07 13,148.17 730,992.90 ₱ 2,212,627.62
58 ₱ 2,212,627.62 744,141.07 9,883.07 734,258.00 ₱ 1,478,369.62
59 ₱ 1,478,369.62 744,141.07 6,603.38 737,537.69 ₱ 740,831.93
60 ₱ 740,831.93 744,140.98 3,309.05 740,831.93 ₱ 0.00
TOTAL PAYMENT 44,648,464.11 5,558,464.11 39,090,000.00
 frequency 12 (monthly)
r = 5.36%
interest = beginning balance * rate of interest
principal repayment = annuity - interest repayment
ending balance = beginning balance - principal repayment
MONTHLY AMORTIZATION
rate 0.0536
Principal ₱ 39,090,000.00
time 5
Amortization ₱ 744,141.07