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Year Principal Amt Interest Total Payment

This document shows loan repayment details across 5 years from 2014-2018. It includes the principal amount, interest, total payment, tax benefit from interest payments, rent earned and overall earnings. The total principal amount taken was ₹500,000 and was repaid over the 5 years. While the borrower paid ₹598,018 total towards principal and interest, they earned a tax benefit of ₹59,802 and rent of ₹300,000, resulting in overall earnings of ₹261,784.

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balajisrinath
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19 views3 pages

Year Principal Amt Interest Total Payment

This document shows loan repayment details across 5 years from 2014-2018. It includes the principal amount, interest, total payment, tax benefit from interest payments, rent earned and overall earnings. The total principal amount taken was ₹500,000 and was repaid over the 5 years. While the borrower paid ₹598,018 total towards principal and interest, they earned a tax benefit of ₹59,802 and rent of ₹300,000, resulting in overall earnings of ₹261,784.

Uploaded by

balajisrinath
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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YEAR

2014
2015
2016
2017

PRINCIPAL AMT

111,363

162,032

178,999

47,605

499,999

INTEREST
33,839
31,571
14,604
796
80,810

TOTAL PAYMENT

145,202

193,603

193,603

48,401

580,809

22,729

14,520
19,360
19,360
4,840
58,081

60,000
60,000
60,000
60,000
240,000

217,271

YEAR
2014
2015
2016
2017
2018

PRINCIPAL AMT

79,236

115,288

127,360

140,697

37,419

500,000

INTEREST
34,895
36,887
24,815
796
625
98,018

BANK INTEREST LOSS

TOTAL PAYMENT

114,131

152,175

152,175

141,493

38,044

598,018

38,216

TAX BENEFIT

11,413

15,218

15,218

14,149

3,804

59,802

EARNINGS

RENT
60,000
60,000
60,000
60,000
60,000
300,000

261,784

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