Loan ಅನ್ನು ಹೇಗೆ ಲೆಕ್ಕ ಹಾಕುವುದು

Loan ಎಂದರೇನು?

Loan amortization spreads equal payments over the loan term. Each payment first covers accrued interest, with the remainder reducing the principal. Early payments are mostly interest; later ones mostly principal.

ಹಂತ-ಹಂತದ ಮಾರ್ಗದರ್ಶಿ

1. 1Convert annual rate to monthly: r = annual rate ÷ 12
2. 2Calculate n = total payments (years × 12)
3. 3Apply: M = P × r(1+r)ⁿ / ((1+r)ⁿ − 1)
4. 4Total interest = (M × n) − P

Worked Examples