formula to get interest

Month Balance Interest Rate Interest CPF deduction

Jan-19 364972 2.6 779.9402 1727

PV 364972
Int rate 2.60%

FV -$365,755.65
$783.65

annual int rate 2.60%

years 0.08
payment per year 1
amount 364972

Payment no Payment Principal interest balance

1 -$4,441,102.39

Jan

1-Feb-19 IP-2.60 767.08

12-Feb-19 CPF -1,227.00
12-Feb-19 CPF -500
28-Feb-19 BAL-CF 353,076.07

1-Mar-19 IP-2.60 765

12-Mar-19 CPF -1,700.00
12-Mar-19 CPF -27
31-Mar-19 BAL-CF 352,114.07

1-Apr-19 IP-2.60 762.91

12-Apr-19 CPF -1,700.00
12-Apr-19 CPF -27
17-Apr-19 CPF-L -5,000.00
17-Apr-19 INT-R -4.69
30-Apr-19 BAL-CF 346,145.29

1-May-19 IP-2.60 749.98 749.9814617

13-May-19 CPF -1,700.00
13-May-19 CPF -27
31-May-19 BAL-CF 345,168.27

1-Jun-19 IP-2.60 747.86 747.864585

12-Jun-19 CPF -1,700.00
12-Jun-19 CPF -27
29-Jun-19 BAL-CF 344,189.13

Opening BalanceInterest CPF deductionClosing balance

May 346,145.29 749.98 1727 345,168.27
June 345,168.27 747.86 1728 344,188.14
July
Aug
August
Sep
September
Oct
October
Nov
November
Opening Balance Interest CPF deduction Closing balance
364972.92 790.77
Loan 25 years

Date Opening Balance Interest CPF deduction Home Offset Lump Sum Closing balance
1-May-19 346,145.29 749.98 1727 977.02 0 345,168.27
Jun-19 345,168.27 747.86 1727 979.14 0 344,189.14
Jul-19 344,189.14 745.74 1727 981.26 0 343,207.88
Aug-19 343,207.88 743.62 1727 983.38 0 342,224.50
Sep-19 342,224.50 741.49 1727 985.51 0 341,238.98
Oct-19 341,238.98 739.35 1727 987.65 0 340,251.33
Nov-19 340,251.33 737.21 1727 989.79 0 339,261.55
Dec-19 339,261.55 735.07 1727 991.93 5000 333,269.61
Jan-20 333,269.61 722.08 1727 1004.92 0 332,264.70
Feb-20 332,264.70 719.91 1727 1007.09 0 331,257.60
Mar-20 331,257.60 717.72 1727 1009.28 0 330,248.33
Apr-20 330,248.33 715.54 1727 1011.46 0 329,236.87
May-20 329,236.87 713.35 1727 1013.65 0 328,223.21
Jun-20 328,223.21 711.15 1727 1015.85 7000 320,207.36
Jul-20 320,207.36 693.78 1727 1033.22 0 319,174.14
Aug-20 319,174.14 691.54 1727 1035.46 0 318,138.69
Sep-20 318,138.69 689.30 1727 1037.70 0 317,100.99
Oct-20 317,100.99 687.05 1727 1039.95 0 316,061.04
Nov-20 316,061.04 684.80 1727 1042.20 0 315,018.84
Dec-20 315,018.84 682.54 1727 1044.46 5000 308,974.38
Jan-21 308,974.38 669.44 1727 1057.56 0 307,916.83
Feb-21 307,916.83 667.15 1727 1059.85 0 306,856.98
Mar-21 306,856.98 664.86 1727 1062.14 0 305,794.84
Apr-21 305,794.84 662.56 1727 1064.44 0 304,730.39
May-21 304,730.39 660.25 1727 1066.75 0 303,663.64
Jun-21 303,663.64 657.94 1727 1069.06 7000 295,594.58
Jul-21 295,594.58 640.45 1727 1086.55 0 294,508.03
Aug-21 294,508.03 638.10 1727 1088.90 0 293,419.13
Sep-21 293,419.13 635.74 1727 1091.26 0 292,327.88
Oct-21 292,327.88 633.38 1727 1093.62 0 291,234.25
Nov-21 291,234.25 631.01 1727 1095.99 0 290,138.26
Dec-21 290,138.26 628.63 1727 1098.37 5000 284,039.89
Jan-22 284,039.89 615.42 1727 1111.58 0 282,928.31
Feb-22 282,928.31 613.01 1727 1113.99 0 281,814.32
Mar-22 281,814.32 610.60 1727 1116.40 0 280,697.92
Apr-22 280,697.92 608.18 1727 1118.82 0 279,579.10
May-22 279,579.10 605.75 1727 1121.25 0 278,457.86
Jun-22 278,457.86 603.33 1727 1123.67 7000 270,334.18
Jul-22 270,334.18 585.72 1727 1141.28 0 269,192.90
Aug-22 269,192.90 583.25 1727 1143.75 0 268,049.16
Sep-22 268,049.16 580.77 1727 1146.23 0 266,902.93
Oct-22 266,902.93 578.29 1727 1148.71 0 265,754.22
Nov-22 265,754.22 575.80 1727 1151.20 0 264,603.02
Dec-22 264,603.02 573.31 1727 1153.69 5000 258,449.33
Jan-22 258,449.33 559.97 1727 1167.03 0 257,282.30
Feb-22 257,282.30 557.44 1727 1169.56 0 256,112.74
Mar-22 256,112.74 554.91 1727 1172.09 0 254,940.66
Apr-22 254,940.66 552.37 1727 1174.63 0 253,766.03
May-22 253,766.03 549.83 1727 1177.17 0 252,588.85
Jun-22 252,588.85 547.28 1727 1179.72 0 251,409.13
Jul-22 251,409.13 544.72 1727 1182.28 7000 243,226.85
Aug-22 243,226.85 526.99 1727 1200.01 0 242,026.84
Sep-22 242,026.84 524.39 1727 1202.61 0 240,824.23
Oct-22 240,824.23 521.79 1727 1205.21 0 239,619.02
Nov-22 239,619.02 519.17 1727 1207.83 0 238,411.19
Dec-22 238,411.19 516.56 1727 1210.44 5000 232,200.75
Jan-23 232,200.75 503.10 1727 1223.90 0 230,976.85
Feb-23 230,976.85 500.45 1727 1226.55 0 229,750.30
Mar-23 229,750.30 497.79 1727 1229.21 0 228,521.09
Apr-23 228,521.09 495.13 1727 1231.87 5000 222,289.22
May-23 222,289.22 481.63 1727 1245.37 0 221,043.85
Jun-23 221,043.85 478.93 1727 1248.07 0 219,795.78
Jul-23 219,795.78 476.22 1727 1250.78 0 218,545.00
Aug-23 218,545.00 473.51 1727 1253.49 0 217,291.52
Sep-23 217,291.52 470.80 1727 1256.20 0 216,035.31
Oct-23 216,035.31 468.08 1727 1258.92 0 214,776.39
Nov-23 214,776.39 465.35 1727 1261.65 0 213,514.74
Dec-23 213,514.74 462.62 1727 1264.38 5000 207,250.36
Jan-24 207,250.36 449.04 1727 1277.96 0 205,972.40
Feb-24 205,972.40 446.27 1727 1280.73 0 204,691.67
Mar-24 204,691.67 443.50 1727 1283.50 0 203,408.17
Apr-24 203,408.17 440.72 1727 1286.28 5000 197,121.89
May-24 197,121.89 427.10 1727 1299.90 0 195,821.98
Jun-24 195,821.98 424.28 1727 1302.72 0 194,519.27
Jul-24 194,519.27 421.46 1727 1305.54 0 193,213.72
Aug-24 193,213.72 418.63 1727 1308.37 0 191,905.35
Sep-24 191,905.35 415.79 1727 1311.21 0 190,594.15
Oct-24 190,594.15 412.95 1727 1314.05 0 189,280.10
Nov-24 189,280.10 410.11 1727 1316.89 0 187,963.21
Dec-24 187,963.21 407.25 1727 1319.75 5000 181,643.46
Jan-25 181,643.46 393.56 1727 1333.44 0 180,310.02
Feb-25 180,310.02 390.67 1727 1336.33 0 178,973.70
Mar-25 178,973.70 387.78 1727 1339.22 0 177,634.47
Apr-25 177,634.47 384.87 1727 1342.13 5000 171,292.35
May-25 171,292.35 371.13 1727 1355.87 0 169,936.48
Jun-25 169,936.48 368.20 1727 1358.80 0 168,577.68
Jul-25 168,577.68 365.25 1727 1361.75 0 167,215.93
Aug-25 167,215.93 362.30 1727 1364.70 0 165,851.23
Sep-25 165,851.23 359.34 1727 1367.66 0 164,483.57
Oct-25 164,483.57 356.38 1727 1370.62 0 163,112.95
Nov-25 163,112.95 353.41 1727 1373.59 0 161,739.37
Dec-25 161,739.37 350.44 1727 1376.56 5000 155,362.80
Jan-26 155,362.80 336.62 1727 1390.38 0 153,972.42
Feb-26 153,972.42 333.61 1727 1393.39 0 152,579.03
Mar-26 152,579.03 330.59 1727 1396.41 0 151,182.62
Apr-26 151,182.62 327.56 1727 1399.44 5000 144,783.18
May-26 144,783.18 313.70 1727 1413.30 0 143,369.87
Jun-26 143,369.87 310.63 1727 1416.37 0 141,953.51
Jul-26 141,953.51 307.57 1727 1419.43 0 140,534.08
Aug-26 140,534.08 304.49 1727 1422.51 0 139,111.57
Sep-26 139,111.57 301.41 1727 1425.59 0 137,685.97
Oct-26 137,685.97 298.32 1727 1428.68 0 136,257.29
Nov-26 136,257.29 295.22 1727 1431.78 0 134,825.52
Dec-26 134,825.52 292.12 1727 1434.88 5000 128,390.64
Jan-27 128,390.64 278.18 1727 1448.82 0 126,941.82
Feb-27 126,941.82 275.04 1727 1451.96 0 125,489.86
Mar-27 125,489.86 271.89 1727 1455.11 0 124,034.75
Apr-27 124,034.75 268.74 1727 1458.26 5000 117,576.50
May-27 117,576.50 254.75 1727 1472.25 0 116,104.25
Jun-27 116,104.25 251.56 1727 1475.44 0 114,628.80
Jul-27 114,628.80 248.36 1727 1478.64 0 113,150.17
Aug-27 113,150.17 245.16 1727 1481.84 0 111,668.33
Sep-27 111,668.33 241.95 1727 1485.05 0 110,183.27
Oct-27 110,183.27 238.73 1727 1488.27 0 108,695.00
Nov-27 108,695.00 235.51 1727 1491.49 0 107,203.51
Dec-27 107,203.51 232.27 1727 1494.73 5000 100,708.78
Jan-28 100,708.78 218.20 1727 1508.80 0 99,199.99
Feb-28 99,199.99 214.93 1727 1512.07 0 97,687.92
Mar-28 97,687.92 211.66 1727 1515.34 0 96,172.58
Apr-28 96,172.58 208.37 1727 1518.63 5000 89,653.95
May-28 89,653.95 194.25 1727 1532.75 0 88,121.20
Jun-28 88,121.20 190.93 1727 1536.07 0 86,585.13
Jul-28 86,585.13 187.60 1727 1539.40 0 85,045.73
Aug-28 85,045.73 184.27 1727 1542.73 0 83,503.00
Sep-28 83,503.00 180.92 1727 1546.08 0 81,956.92
Oct-28 81,956.92 177.57 1727 1549.43 0 80,407.49
Nov-28 80,407.49 174.22 1727 1552.78 0 78,854.71
Dec-28 78,854.71 170.85 1727 1556.15 5000 72,298.56
Jan-29 72,298.56 156.65 1727 1570.35 0 70,728.21
Feb-29 70,728.21 153.24 1727 1573.76 0 69,154.45
Mar-29 69,154.45 149.83 1727 1577.17 0 67,577.29
Apr-29 67,577.29 146.42 1727 1580.58 5000 60,996.71
May-29 60,996.71 132.16 1727 1594.84 0 59,401.87
Jun-29 59,401.87 128.70 1727 1598.30 0 57,803.57
Jul-29 57,803.57 125.24 1727 1601.76 0 56,201.81
Aug-29 56,201.81 121.77 1727 1605.23 0 54,596.58
Sep-29 54,596.58 118.29 1727 1608.71 0 52,987.87
Oct-29 52,987.87 114.81 1727 1612.19 0 51,375.68
Nov-29 51,375.68 111.31 1727 1615.69 0 49,759.99
Dec-29 49,759.99 107.81 1727 1619.19 5000 43,140.81
Jan-30 43,140.81 93.47 1727 1633.53 0 41,507.28
Feb-30 41,507.28 89.93 1727 1637.07 0 39,870.21
Mar-30 39,870.21 86.39 1727 1640.61 0 38,229.60
Apr-30 38,229.60 82.83 1727 1644.17 5000 31,585.43
May-30 31,585.43 68.44 1727 1658.56 0 29,926.86
Jun-30 29,926.86 64.84 1727 1662.16 0 28,264.71
Jul-30 28,264.71 61.24 1727 1665.76 0 26,598.95
Aug-30 26,598.95 57.63 1727 1669.37 0 24,929.58
Sep-30 24,929.58 54.01 1727 1672.99 0 23,256.59
Oct-30 23,256.59 50.39 1727 1676.61 0 21,579.98
Nov-30 21,579.98 46.76 1727 1680.24 0 19,899.74
Dec-30 19,899.74 43.12 1727 1683.88 5000 13,215.85
Jan-31 13,215.85 28.63 1727 1698.37 0 11,517.49
Feb-31 11,517.49 24.95 1727 1702.05 0 9,815.44
Mar-31 9,815.44 21.27 1727 1705.73 0 8,109.71
Apr-31 8,109.71 17.57 1727 1709.43 3300 3,100.28
May-31 3,100.28 6.72 1727 1720.28 0 1,380.00
Jun-31 1,380.00 2.99 1727 1724.01 0 -344.01
Jul-31 -344.01 -0.75 1727 1727.75 0 -2,071.76
Aug-31 -2,071.76 -4.49 1727 1731.49 0 -3,803.25
Sep-31 -3,803.25 -8.24 1727 1735.24 0 -5,538.49
Oct-31 -5,538.49 -12.00 1727 1739.00 0 -7,277.49
 OA
Remarks Date Bonus MOE Deduction Closing Balance
Nov-19 1 1380 1700 1068
Dec-19 2.1 2898 1700 2266
Jan-20 1 1380 1700 1946
Feb-20 1 1380 1700 1626
Mar-20 1 1380 1700 1306
Apr-20 3 4140 1700 3746
May-20 1 1380 1700 3426
Cash Jun-20 1 1380 1700 3106
Jul-20 1 1380 1700 2786
Aug-20 1 1380 1700 2466
Sep-20 1 1380 1700 2146
Oct-20 1 1380 1700 1826
Nov-20 1 1380 1700 1506
Miles Cash Dec-20 2 2760 1700 2566
Jan-21 1 1380 1700 2246
Feb-21 1 1380 1700 1926
Mar-21 1 1380 1700 1606
Apr-21 3 4140 1700 4046
May-21 1 1380 1700 3726
Cash Jun-21 1 1380 1700 3406
Jul-21 1 1380 1700 3086
Aug-21 1 1380 1700 2766
Sep-21 1 1380 1700 2446
CPF Oct-21 1 1380 1700 2126
Nov-21 1 1380 1700 1806
Miles Cash

Cash

CPF

Miles Cash

Cash
 CPF

Miles Cash
35 years old