Loan کا حساب کیسے لگائیں
Loan کیا ہے؟
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.
مرحلہ وار گائیڈ
- 1Convert annual rate to monthly: r = annual rate ÷ 12
- 2Calculate n = total payments (years × 12)
- 3Apply: M = P × r(1+r)ⁿ / ((1+r)ⁿ − 1)
- 4Total interest = (M × n) − P
حل شدہ مثالیں
ان پٹ
$10,000 at 6% for 3 yrs
نتیجہ
$304.22/mo
Total interest: $951.92
ان پٹ
$250,000 at 7% for 30 yrs
نتیجہ
$1,663/mo
Total interest: $348,773