Repayment calculator.xls
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Easy Microfinance
Loan repayment calculator
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Loan features
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Fill in loan amount:MMK 3,000,000
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Choose your duration:12
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Monthly interest rate (declining balance)2.50%
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Administrative fees for this loan (2%)MMK 60,000
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MonthOutstanding AmountPrincipalInterestInstalment
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1 3,000,000250,00075,000
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2 2,750,000250,00068,750
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3 2,500,000250,00062,500
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4 2,250,000250,00056,250
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5 2,000,000250,00050,000
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6 1,750,000250,00043,750
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7 1,500,000250,00037,500
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8 1,250,000250,00031,250
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9 1,000,000250,00025,000
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10 750,000250,00018,750
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11 500,000250,00012,500
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12 250,000250,0006,250
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13 000
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14 000
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15 000
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16 000
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17 000
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18 000
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19 000
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20 000
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21 000
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22 000
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23 000
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24 000
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TOTALMMK 3,000,000MMK 487,500MMK 0
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BACK TO EASY.COM.MM
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