Loan Repayment plan for 10000 broiler farm:- Repayment of loan will start after grace period of six months. Total loan repayment period is 6years. Details of monthly installment, interest payment, principal payment and balance are given in repayment schedule for 10000 broiler poultry. Six monthly installment will be paid in first year & 12 number of installments will be paid from second year onwards. Bank Loan=Rs3975000/- ,Interest Rate=12% Grace period – 6 months. Total loan amount at the end of grace period ,Bank Loan=3975000+238500=4213500
|
S.No |
Monthly Installment |
Interest |
Principal |
Balance |
|
0 |
|
|
|
4213500 |
|
1 |
82375 |
42135 |
40240 |
4173260 |
|
2 |
82375 |
41733 |
40642 |
4132618 |
|
3 |
82375 |
41326 |
41049 |
4091570 |
|
4 |
82375 |
40916 |
41459 |
4050111 |
|
5 |
82375 |
40501 |
41874 |
4008237 |
|
6 |
82375 |
40082 |
42292 |
3965945 |
|
7 |
82375 |
39659 |
42715 |
3923229 |
|
8 |
82375 |
39232 |
43142 |
3880087 |
|
9 |
82375 |
38801 |
43574 |
3836513 |
|
10 |
82375 |
38365 |
44010 |
3792503 |
|
11 |
82375 |
37925 |
44450 |
3748054 |
|
12 |
82375 |
37481 |
44894 |
3703159 |
|
13 |
82375 |
37032 |
45343 |
3657816 |
|
14 |
82375 |
36578 |
45797 |
3612020 |
|
15 |
82375 |
36120 |
46255 |
3565765 |
|
16 |
82375 |
35658 |
46717 |
3519048 |
|
17 |
82375 |
35190 |
47184 |
3471864 |
|
18 |
82375 |
34719 |
47656 |
3424208 |
|
19 |
82375 |
34242 |
48133 |
3376075 |
|
20 |
82375 |
33761 |
48614 |
3327461 |