Year | Principal Paid | Interest Paid | Remaining Balance |
---|---|---|---|
1 | $17.867,34 | $5.054,06 | $82.132,66 |
2 | $18.875,20 | $4.046,20 | $63.257,47 |
3 | $19.939,91 | $2.981,49 | $43.317,56 |
4 | $21.064,67 | $1.856,72 | $22.252,89 |
5 | $22.252,89 | $668,51 | $0,00 |
Publicidad
Loan Amount | $100.000,00 |
---|---|
Nominal Annual Rate | 5,50% |
Effective Annual Rate | 5,64% |
Payments per Year | 12 |
Payback Ratio | 1,15x the principal |
50% Principal Payback Period | 2,8 years (33 payments) |
Total of Payments | $114.606,97 |
Total Interest | $14.606,97 |
Year | Principal Paid | Interest Paid | Remaining Balance |
---|---|---|---|
1 | $17.867,34 | $5.054,06 | $82.132,66 |
2 | $18.875,20 | $4.046,20 | $63.257,47 |
3 | $19.939,91 | $2.981,49 | $43.317,56 |
4 | $21.064,67 | $1.856,72 | $22.252,89 |
5 | $22.252,89 | $668,51 | $0,00 |