Where, q = log[ 1 + (1/N) ] / log2 N = n * 12 P = Payment Amount A = Initial Amount N = Number of Payments |

Where,

A = Loan Amount

P = Payment Amount

r = Rate of Interest (compounded)

N = Number of Payments

Rate of Interest Compounded is,

If Monthly,

If Quarterly,

If Half yearly,

If Yearly,

Where,

B = Balance Amount

A = Loan Amount

P = Payment Amount

r = Rate of Interest (compounded)

n = Number of time periods

Rate of Interest compounded is,

If Monthly,

If Quarterly,

If Half yearly,

If Yearly,

Where,

P = Payment Amount

A = Loan Amount

r = Rate of Interest (compounded)

N = Number of Payments

Rate of Interest Compounded is,

If Monthly,

If Quarterly,

If Half yearly,

If Yearly,

where,

r - interest rate,

p - principal loan amount

Where,

P = Payment Amount

A = Loan Amount

r = Rate of Interest (compounded)

N = Number of Payments

Rate of Interest Compounded is,

If Monthly,

If Quarterly,

If Half yearly,

If Yearly,

Where,

Monthly = (monthly income + other income - monthly expeniture) × 28 /100

I = Interest

Total Loan Repayment = EMI × n

Where

EMI = Equated Monthly Installment

P = Loan Amount

r = Annual Interest rate / 1200

n = Terms/Period

Total loan repayment = EMI × n

Where,

EMI = Equated Monthly Installment

P = Loan Amount

r = Interest rate / 1200

n = Period

** Breakeven point calculation** is made easier using this online mortgage calculator.

Where,

A = Monthly Pay

P = Loan Amount

r = Interest Rate

n = Loan Term

Where,

AP = Annual Payment

P = Loan Amount

r = Interest Rate

n = Number of Years

Marginal Cost of Funds Based Lending Rate = MCF + CRR + OC + TP

Where,

MCB = Marginal Cost of Borrowing

RN = Return on Net Worth

CRR = Negative Carry on CRR

OC = Operating Costs

TP = Tenor Premium