The document outlines the repayment schedule for a 30-year loan of Rs. 10,000,000 with an annual interest rate of 6%. It lists the 360 equal monthly installments of Rs. 59,955.05 that will be paid, with the amount of each payment that goes toward interest and principal. The interest amount gradually increases each month while the principal amount decreases until the full amount is repaid after 30 years.
The document outlines the repayment schedule for a 30-year loan of Rs. 10,000,000 with an annual interest rate of 6%. It lists the 360 equal monthly installments of Rs. 59,955.05 that will be paid, with the amount of each payment that goes toward interest and principal. The interest amount gradually increases each month while the principal amount decreases until the full amount is repaid after 30 years.
The document outlines the repayment schedule for a 30-year loan of Rs. 10,000,000 with an annual interest rate of 6%. It lists the 360 equal monthly installments of Rs. 59,955.05 that will be paid, with the amount of each payment that goes toward interest and principal. The interest amount gradually increases each month while the principal amount decreases until the full amount is repaid after 30 years.
The document outlines the repayment schedule for a 30-year loan of Rs. 10,000,000 with an annual interest rate of 6%. It lists the 360 equal monthly installments of Rs. 59,955.05 that will be paid, with the amount of each payment that goes toward interest and principal. The interest amount gradually increases each month while the principal amount decreases until the full amount is repaid after 30 years.