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| (a) | Loan($) | 10,00,000 |
| Term | 30 | |
| Rate (monthly) | 0.67% | |
| EMI($) (monthly) | 7338 | |
| Interest on EMI($) (monthly) | 6667 | |
| PPMT(monthly) | 671 |
| (b) | 1st year | |
| Loan($) | 10,00,000 | |
| Term | 30 | |
| Rate | 6% | |
| EMI($) (yearly) | 71946 | |
| Interest on EMI($) (yearly) | 60000 | |
| PPMT(yearly) | 11946 |
| 2nd Year | |
| Loan($) | 988054 |
| Term | 30 |
| Rate (Yearly) | 8% |
| EMI($) (yearly) | 87000 |
| Interest on EMI($) (yearly) | 79044 |
| PPMT(yearly) | 7956 |
| Amount | Principal |
Loan amount - principal |
Interest |
| 1000000 | 11946 | 988054 | 60000 |
| 988054 | 7956 | 980098 | 79044 |
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