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Loan Repayment Chart Effective 1st November 2020 Duration (Months)

The document is a loan repayment chart showing the monthly repayment amounts for loans between 500 to 32,500 with an interest rate of 16% over periods of 6 to 60 months. The chart provides the monthly repayment for different loan amounts and durations to allow borrowers to understand how much they would pay back each month.

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Asare Ebenezer
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0% found this document useful (0 votes)
12K views4 pages

Loan Repayment Chart Effective 1st November 2020 Duration (Months)

The document is a loan repayment chart showing the monthly repayment amounts for loans between 500 to 32,500 with an interest rate of 16% over periods of 6 to 60 months. The chart provides the monthly repayment for different loan amounts and durations to allow borrowers to understand how much they would pay back each month.

Uploaded by

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

Loan Repayment Chart Effective 1st November 2020


Duration (Months)
Loan Amount Interest Rate 6 12 18 24 30 36 42 48 54 60
1 500 16% 92.50 48.09
2 1,000 16% 185.00 96.17
3 1,500 16% 277.50 144.26
4 2,000 16% 370.00 192.35 133.26
5 2,500 16% 462.51 240.44 166.57 129.75
6 3,000 16% 555.01 288.52 199.88 155.70
7 3,500 16% 647.51 336.61 233.20 181.65 150.86
8 4,000 16% 740.01 384.70 266.51 207.60 172.41
9 4,500 16% 832.51 432.79 299.83 233.55 193.96 167.70
10 5,000 16% 925.01 480.87 333.14 259.50 215.51 186.33
11 5,500 16% 1,017.51 528.96 366.45 285.45 237.06 204.97
12 6,000 16% 1,110.01 577.05 399.77 311.41 258.61 223.60
13 6,500 16% 1,202.51 625.14 433.08 337.36 280.16 242.23 215.31 195.26
14 7,000 16% 1,295.01 673.22 466.39 363.31 301.71 260.87 231.87 210.28
15 7,500 16% 1,387.52 721.31 499.71 389.26 323.26 279.50 248.43 225.31
16 8,000 16% 1,480.02 769.40 533.02 415.21 344.81 298.13 265.00 240.33
17 8,500 16% 1,572.52 817.49 566.34 441.16 366.37 316.76 281.56 255.35
18 9,000 16% 1,665.02 865.57 599.65 467.11 387.92 335.40 298.12 270.37
19 9,500 16% 1,757.52 913.66 632.96 493.06 409.47 354.03 314.68 285.39
20 10,000 16% 1,850.02 961.75 666.28 519.01 431.02 372.66 331.24 300.41
21 10,500 16% 1,942.52 1,009.83 699.59 544.96 452.57 391.30 347.81 315.43
22 11,000 16% 2,035.02 1,057.92 732.91 570.91 474.12 409.93 364.37 330.45
23 11,500 16% 2,127.52 1,106.01 766.22 596.86 495.67 428.56 380.93 345.47
24 12,000 16% 2,220.03 1,154.10 799.53 622.81 517.22 447.20 397.49 360.49
25 12,500 16% 2,312.53 1,202.18 832.85 648.76 538.77 465.83 414.06 375.51
26 13,000 16% 2,405.03 1,250.27 866.16 674.71 560.32 484.46 430.62 390.53
27 13,500 16% 2,497.53 1,298.36 899.48 700.66 581.87 503.10 447.18 405.55
28 14,000 16% 2,590.03 1,346.45 932.79 726.61 603.43 521.73 463.74 420.57
29 14,500 16% 2,682.53 1,394.53 966.10 752.56 624.98 540.36 480.31 435.59
30 15,000 16% 2,775.03 1,442.62 999.42 778.51 646.53 559.00 496.87 450.61
31 15,500 16% 2,867.53 1,490.71 1,032.73 804.46 668.08 577.63 513.43 465.63
32 16,000 16% 2,960.03 1,538.80 1,066.05 830.41 689.63 596.26 529.99 480.65
33 16,500 16% 3,052.53 1,586.88 1,099.36 856.36 711.18 614.90 546.55 495.67
34 17,000 16% 3,145.04 1,634.97 1,132.67 882.32 732.73 633.53 563.12 510.69
35 17,500 16% 3,237.54 1,683.06 1,165.99 908.27 754.28 652.16 579.68 525.71
36 18,000 16% 3,330.04 1,731.14 1,199.30 934.22 775.83 670.80 596.24 540.73
37 18,500 16% 3,422.54 1,779.23 1,232.61 960.17 797.38 689.43 612.80 555.75
38 19,000 16% 3,515.04 1,827.32 1,265.93 986.12 818.93 708.06 629.37 570.77
39 19,500 16% 3,607.54 1,875.41 1,299.24 1,012.07 840.49 726.70 645.93 585.79
40 20,000 16% 3,700.04 1,923.49 1,332.56 1,038.02 862.04 745.33 662.49 600.81
41 20,500 16% 3,792.54 1,971.58 1,365.87 1,063.97 883.59 763.96 679.05 615.83 567.07 528.43
42 21,000 16% 3,885.04 2,019.67 1,399.18 1,089.92 905.14 782.60 695.61 630.85 580.91 541.32
43 21,500 16% 3,977.55 2,067.76 1,432.50 1,115.87 926.69 801.23 712.18 645.87 594.74 554.21
44 22,000 16% 4,070.05 2,115.84 1,465.81 1,141.82 948.24 819.86 728.74 660.90 608.57 567.10
45 22,500 16% 4,162.55 2,163.93 1,499.13 1,167.77 969.79 838.50 745.30 675.92 622.40 579.99
Loan Repayment Chart Effective 1st November 2020
Duration (Months)
Loan Amount Interest Rate 6 12 18 24 30 36 42 48 54 60
46 23,000 16% 4,255.05 2,212.02 1,532.44 1,193.72 991.34 857.13 761.86 690.94 636.23 592.87
47 23,500 16% 4,347.55 2,260.11 1,565.75 1,219.67 1,012.89 875.76 778.43 705.96 650.06 605.76
48 24,000 16% 4,440.05 2,308.19 1,599.07 1,245.62 1,034.44 894.39 794.99 720.98 663.89 618.65
49 24,500 16% 4,532.55 2,356.28 1,632.38 1,271.57 1,055.99 913.03 811.55 736.00 677.72 631.54
50 25,000 16% 4,625.05 2,404.37 1,665.70 1,297.52 1,077.55 931.66 828.11 751.02 691.55 644.43
51 25,500 16% 4,717.55 2,452.46 1,699.01 1,323.47 1,099.10 950.29 844.67 766.04 705.39 657.32
52 26,000 16% 4,810.05 2,500.54 1,732.32 1,349.42 1,120.65 968.93 861.24 781.06 719.22 670.21
53 26,500 16% 4,902.56 2,548.63 1,765.64 1,375.37 1,142.20 987.56 877.80 796.08 733.05 683.09
54 27,000 16% 4,995.06 2,596.72 1,798.95 1,401.32 1,163.75 1,006.19 894.36 811.10 746.88 695.98
55 27,500 16% 5,087.56 2,644.80 1,832.26 1,427.27 1,185.30 1,024.83 910.92 826.12 760.71 708.87
56 28,000 16% 5,180.06 2,692.89 1,865.58 1,453.23 1,206.85 1,043.46 927.49 841.14 774.54 721.76
57 28,500 16% 5,272.56 2,740.98 1,898.89 1,479.18 1,228.40 1,062.09 944.05 856.16 788.37 734.65
58 29,000 16% 5,365.06 2,789.07 1,932.21 1,505.13 1,249.95 1,080.73 960.61 871.18 802.20 747.54
59 29,500 16% 5,457.56 2,837.15 1,965.52 1,531.08 1,271.50 1,099.36 977.17 886.20 816.03 760.43
60 30,000 16% 5,550.06 2,885.24 1,998.83 1,557.03 1,293.05 1,117.99 993.73 901.22 829.87 773.31
61 30,500 16% 5,642.56 2,933.33 2,032.15 1,582.98 1,314.61 1,136.63 1,010.30 916.24 843.70 786.20
62 31,000 16% 5,735.07 2,981.42 2,065.46 1,608.93 1,336.16 1,155.26 1,026.86 931.26 857.53 799.09
63 31,500 16% 5,827.57 3,029.50 2,098.78 1,634.88 1,357.71 1,173.89 1,043.42 946.28 871.36 811.98
64 32,000 16% 5,920.07 3,077.59 2,132.09 1,660.83 1,379.26 1,192.53 1,059.98 961.30 885.19 824.87
65 32,500 16% 6,012.57 3,125.68 2,165.40 1,686.78 1,400.81 1,211.16 1,076.55 976.32 899.02 837.76
66 33,000 16% 6,105.07 3,173.77 2,198.72 1,712.73 1,422.36 1,229.79 1,093.11 991.34 912.85 850.65
67 33,500 16% 6,197.57 3,221.85 2,232.03 1,738.68 1,443.91 1,248.43 1,109.67 1,006.36 926.68 863.53
68 34,000 16% 6,290.07 3,269.94 2,265.35 1,764.63 1,465.46 1,267.06 1,126.23 1,021.38 940.51 876.42
69 34,500 16% 6,382.57 3,318.03 2,298.66 1,790.58 1,487.01 1,285.69 1,142.79 1,036.40 954.34 889.31
70 35,000 16% 6,475.07 3,366.11 2,331.97 1,816.53 1,508.56 1,304.33 1,159.36 1,051.42 968.18 902.20
71 35,500 16% 6,567.57 3,414.20 2,365.29 1,842.48 1,530.11 1,322.96 1,175.92 1,066.44 982.01 915.09
72 36,000 16% 6,660.08 3,462.29 2,398.60 1,868.43 1,551.67 1,341.59 1,192.48 1,081.47 995.84 927.98
73 36,500 16% 6,752.58 3,510.38 2,431.92 1,894.38 1,573.22 1,360.23 1,209.04 1,096.49 1,009.67 940.87
74 37,000 16% 6,845.08 3,558.46 2,465.23 1,920.33 1,594.77 1,378.86 1,225.61 1,111.51 1,023.50 953.75
75 37,500 16% 6,937.58 3,606.55 2,498.54 1,946.28 1,616.32 1,397.49 1,242.17 1,126.53 1,037.33 966.64
76 38,000 16% 7,030.08 3,654.64 2,531.86 1,972.23 1,637.87 1,416.13 1,258.73 1,141.55 1,051.16 979.53
77 38,500 16% 7,122.58 3,702.73 2,565.17 1,998.18 1,659.42 1,434.76 1,275.29 1,156.57 1,064.99 992.42
78 39,000 16% 7,215.08 3,750.81 2,598.48 2,024.13 1,680.97 1,453.39 1,291.85 1,171.59 1,078.82 1,005.31
79 39,500 16% 7,307.58 3,798.90 2,631.80 2,050.09 1,702.52 1,472.02 1,308.42 1,186.61 1,092.66 1,018.20
80 40,000 16% 7,400.08 3,846.99 2,665.11 2,076.04 1,724.07 1,490.66 1,324.98 1,201.63 1,106.49 1,031.09
81 40,500 16% 7,492.59 3,895.08 2,698.43 2,101.99 1,745.62 1,509.29 1,341.54 1,216.65 1,120.32 1,043.97
82 41,000 16% 7,585.09 3,943.16 2,731.74 2,127.94 1,767.17 1,527.92 1,358.10 1,231.67 1,134.15 1,056.86
83 41,500 16% 7,677.59 3,991.25 2,765.05 2,153.89 1,788.72 1,546.56 1,374.67 1,246.69 1,147.98 1,069.75
84 42,000 16% 7,770.09 4,039.34 2,798.37 2,179.84 1,810.28 1,565.19 1,391.23 1,261.71 1,161.81 1,082.64
85 42,500 16% 7,862.59 4,087.43 2,831.68 2,205.79 1,831.83 1,583.82 1,407.79 1,276.73 1,175.64 1,095.53
86 43,000 16% 7,955.09 4,135.51 2,865.00 2,231.74 1,853.38 1,602.46 1,424.35 1,291.75 1,189.47 1,108.42
87 43,500 16% 8,047.59 4,183.60 2,898.31 2,257.69 1,874.93 1,621.09 1,440.92 1,306.77 1,203.30 1,121.31
88 44,000 16% 8,140.09 4,231.69 2,931.62 2,283.64 1,896.48 1,639.72 1,457.48 1,321.79 1,217.14 1,134.19
89 44,500 16% 8,232.59 4,279.77 2,964.94 2,309.59 1,918.03 1,658.36 1,474.04 1,336.81 1,230.97 1,147.08
90 45,000 16% 8,325.09 4,327.86 2,998.25 2,335.54 1,939.58 1,676.99 1,490.60 1,351.83 1,244.80 1,159.97
91 45,500 16% 8,417.60 4,375.95 3,031.57 2,361.49 1,961.13 1,695.62 1,507.16 1,366.85 1,258.63 1,172.86
Loan Repayment Chart Effective 1st November 2020
Duration (Months)
Loan Amount Interest Rate 6 12 18 24 30 36 42 48 54 60
92 46,000 16% 8,510.10 4,424.04 3,064.88 2,387.44 1,982.68 1,714.26 1,523.73 1,381.87 1,272.46 1,185.75
93 46,500 16% 8,602.60 4,472.12 3,098.19 2,413.39 2,004.23 1,732.89 1,540.29 1,396.89 1,286.29 1,198.64
94 47,000 16% 8,695.10 4,520.21 3,131.51 2,439.34 2,025.78 1,751.52 1,556.85 1,411.91 1,300.12 1,211.53
95 47,500 16% 8,787.60 4,568.30 3,164.82 2,465.29 2,047.34 1,770.16 1,573.41 1,426.93 1,313.95 1,224.41
96 48,000 16% 8,880.10 4,616.39 3,198.14 2,491.24 2,068.89 1,788.79 1,589.98 1,441.95 1,327.78 1,237.30
97 48,500 16% 8,972.60 4,664.47 3,231.45 2,517.19 2,090.44 1,807.42 1,606.54 1,456.97 1,341.62 1,250.19
98 49,000 16% 9,065.10 4,712.56 3,264.76 2,543.14 2,111.99 1,826.06 1,623.10 1,471.99 1,355.45 1,263.08
99 49,500 16% 9,157.60 4,760.65 3,298.08 2,569.09 2,133.54 1,844.69 1,639.66 1,487.01 1,369.28 1,275.97
100 50,000 16% 9,250.11 4,808.74 3,331.39 2,595.04 2,155.09 1,863.32 1,656.22 1,502.03 1,383.11 1,288.86
101 50,500 16% 9,342.61 4,856.82 3,364.70 2,621.00 2,176.64 1,881.96 1,672.79 1,517.06 1,396.94 1,301.75
102 51,000 16% 9,435.11 4,904.91 3,398.02 2,646.95 2,198.19 1,900.59 1,689.35 1,532.08 1,410.77 1,314.63
103 51,500 16% 9,527.61 4,953.00 3,431.33 2,672.90 2,219.74 1,919.22 1,705.91 1,547.10 1,424.60 1,327.52
104 52,000 16% 9,620.11 5,001.08 3,464.65 2,698.85 2,241.29 1,937.86 1,722.47 1,562.12 1,438.43 1,340.41
105 52,500 16% 9,712.61 5,049.17 3,497.96 2,724.80 2,262.84 1,956.49 1,739.04 1,577.14 1,452.26 1,353.30
106 53,000 16% 9,805.11 5,097.26 3,531.27 2,750.75 2,284.40 1,975.12 1,755.60 1,592.16 1,466.10 1,366.19
107 53,500 16% 9,897.61 5,145.35 3,564.59 2,776.70 2,305.95 1,993.76 1,772.16 1,607.18 1,479.93 1,379.08
108 54,000 16% 9,990.11 5,193.43 3,597.90 2,802.65 2,327.50 2,012.39 1,788.72 1,622.20 1,493.76 1,391.97
109 54,500 16% 10,082.61 5,241.52 3,631.22 2,828.60 2,349.05 2,031.02 1,805.28 1,637.22 1,507.59 1,404.85
110 55,000 16% 10,175.12 5,289.61 3,664.53 2,854.55 2,370.60 2,049.66 1,821.85 1,652.24 1,521.42 1,417.74
111 55,500 16% 10,267.62 5,337.70 3,697.84 2,880.50 2,392.15 2,068.29 1,838.41 1,667.26 1,535.25 1,430.63
112 56,000 16% 10,360.12 5,385.78 3,731.16 2,906.45 2,413.70 2,086.92 1,854.97 1,682.28 1,549.08 1,443.52
113 56,500 16% 10,452.62 5,433.87 3,764.47 2,932.40 2,435.25 2,105.55 1,871.53 1,697.30 1,562.91 1,456.41
114 57,000 16% 10,545.12 5,481.96 3,797.79 2,958.35 2,456.80 2,124.19 1,888.10 1,712.32 1,576.74 1,469.30
115 57,500 16% 10,637.62 5,530.05 3,831.10 2,984.30 2,478.35 2,142.82 1,904.66 1,727.34 1,590.57 1,482.19
116 58,000 16% 10,730.12 5,578.13 3,864.41 3,010.25 2,499.90 2,161.45 1,921.22 1,742.36 1,604.41 1,495.07
117 58,500 16% 10,822.62 5,626.22 3,897.73 3,036.20 2,521.46 2,180.09 1,937.78 1,757.38 1,618.24 1,507.96
118 59,000 16% 10,915.12 5,674.31 3,931.04 3,062.15 2,543.01 2,198.72 1,954.34 1,772.40 1,632.07 1,520.85
119 59,500 16% 11,007.63 5,722.40 3,964.35 3,088.10 2,564.56 2,217.35 1,970.91 1,787.42 1,645.90 1,533.74
120 60,000 16% 11,100.13 5,770.48 3,997.67 3,114.05 2,586.11 2,235.99 1,987.47 1,802.44 1,659.73 1,546.63
121 60,500 16% 11,192.63 5,818.57 4,030.98 3,140.00 2,607.66 2,254.62 2,004.03 1,817.46 1,673.56 1,559.52
122 61,000 16% 11,285.13 5,866.66 4,064.30 3,165.95 2,629.21 2,273.25 2,020.59 1,832.48 1,687.39 1,572.41
123 61,500 16% 11,377.63 5,914.74 4,097.61 3,191.91 2,650.76 2,291.89 2,037.16 1,847.50 1,701.22 1,585.29
124 62,000 16% 11,470.13 5,962.83 4,130.92 3,217.86 2,672.31 2,310.52 2,053.72 1,862.52 1,715.05 1,598.18
125 62,500 16% 11,562.63 6,010.92 4,164.24 3,243.81 2,693.86 2,329.15 2,070.28 1,877.54 1,728.89 1,611.07
126 63,000 16% 11,655.13 6,059.01 4,197.55 3,269.76 2,715.41 2,347.79 2,086.84 1,892.56 1,742.72 1,623.96
127 63,500 16% 11,747.63 6,107.09 4,230.87 3,295.71 2,736.96 2,366.42 2,103.40 1,907.58 1,756.55 1,636.85
128 64,000 16% 11,840.13 6,155.18 4,264.18 3,321.66 2,758.52 2,385.05 2,119.97 1,922.60 1,770.38 1,649.74
129 64,500 16% 11,932.64 6,203.27 4,297.49 3,347.61 2,780.07 2,403.69 2,136.53 1,937.62 1,784.21 1,662.63
130 65,000 16% 12,025.14 6,251.36 4,330.81 3,373.56 2,801.62 2,422.32 2,153.09 1,952.65 1,798.04 1,675.51
131 65,500 16% 12,117.64 6,299.44 4,364.12 3,399.51 2,823.17 2,440.95 2,169.65 1,967.67 1,811.87 1,688.40
132 66,000 16% 12,210.14 6,347.53 4,397.44 3,425.46 2,844.72 2,459.59 2,186.22 1,982.69 1,825.70 1,701.29
133 66,500 16% 12,302.64 6,395.62 4,430.75 3,451.41 2,866.27 2,478.22 2,202.78 1,997.71 1,839.53 1,714.18
134 67,000 16% 12,395.14 6,443.71 4,464.06 3,477.36 2,887.82 2,496.85 2,219.34 2,012.73 1,853.37 1,727.07
135 67,500 16% 12,487.64 6,491.79 4,497.38 3,503.31 2,909.37 2,515.49 2,235.90 2,027.75 1,867.20 1,739.96
136 68,000 16% 12,580.14 6,539.88 4,530.69 3,529.26 2,930.92 2,534.12 2,252.47 2,042.77 1,881.03 1,752.85
137 68,500 16% 12,672.64 6,587.97 4,564.01 3,555.21 2,952.47 2,552.75 2,269.03 2,057.79 1,894.86 1,765.73
Loan Repayment Chart Effective 1st November 2020
Duration (Months)
Loan Amount Interest Rate 6 12 18 24 30 36 42 48 54 60
138 69,000 16% 12,765.14 6,636.05 4,597.32 3,581.16 2,974.02 2,571.39 2,285.59 2,072.81 1,908.69 1,778.62
139 69,500 16% 12,857.65 6,684.14 4,630.63 3,607.11 2,995.58 2,590.02 2,302.15 2,087.83 1,922.52 1,791.51
140 70,000 16% 12,950.15 6,732.23 4,663.95 3,633.06 3,017.13 2,608.65 2,318.71 2,102.85 1,936.35 1,804.40

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