Reducing Balance Method of Loan Calculation: Online Calculator & Excel Working
Reducing Balance Loan Calculator Loan Amount (₹): Annual Interest Rate (%): Loan Tenure: MonthsYears Calculate Summary: EMI (₹): Total Interest (₹): Total Payment (₹): Amortization Table: Month Principal (₹) Interest (₹) Remaining Balance (₹) Introduction Allow me to tell you a story about reducing balance loan calculation. Why I’m writing a blog post about it?…