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Loan calculator
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For a loan of MNT 1,000,000.00 with a monthly interest rate of 2.8% for 6 months, monthly payments during loan term will be 183,375.70.
| Month | Monthly payment | Interest payment | Total payment | Loan balance |
|---|
| 1 | 155,375.70 | 28,000.00 | 183,375.70 | 844,624.30 |
| 2 | 159,726.22 | 23,649.48 | 183,375.70 | 684,898.09 |
| 3 | 164,198.55 | 19,177.15 | 183,375.70 | 520,699.54 |
| 4 | 168,796.11 | 14,579.59 | 183,375.70 | 351,903.43 |
| 5 | 173,522.40 | 9,853.30 | 183,375.70 | 178,381.03 |
| 6 | 178,381.03 | 4,994.67 | 183,375.70 | 0 |
| Total: | 1,000,000.00 | 100,254.18 | 1,100,254.18 |