Loan Summary
James Mutahi (MS-002)
Normal Loan
KES 250,000.00
+ KES 12,500.00
KES 262,500.00
Reducing Balance Schedule
Monthly breakdown of interest and principal reduction.
| MONTH | INTEREST | PRINCIPAL | INSTALLMENT | BALANCE |
|---|---|---|---|---|
| Month 1 | KES 3,937.50 | KES 5,552.50 | KES 9,490.00 | KES 256,947.50 |
| Month 2 | KES 3,854.21 | KES 5,635.79 | KES 9,490.00 | KES 251,311.71 |
| Month 3 | KES 3,769.68 | KES 5,720.32 | KES 9,490.00 | KES 245,591.39 |
| Month 4 | KES 3,683.87 | KES 5,806.13 | KES 9,490.00 | KES 239,785.26 |
| Month 5 | KES 3,596.78 | KES 5,893.22 | KES 9,490.00 | KES 233,892.04 |
| Month 6 | KES 3,508.38 | KES 5,981.62 | KES 9,490.00 | KES 227,910.42 |
| Month 7 | KES 3,418.66 | KES 6,071.34 | KES 9,490.00 | KES 221,839.07 |
| Month 8 | KES 3,327.59 | KES 6,162.41 | KES 9,490.00 | KES 215,676.66 |
| Month 9 | KES 3,235.15 | KES 6,254.85 | KES 9,490.00 | KES 209,421.81 |
| Month 10 | KES 3,141.33 | KES 6,348.67 | KES 9,490.00 | KES 203,073.14 |
| Month 11 | KES 3,046.10 | KES 6,443.90 | KES 9,490.00 | KES 196,629.24 |
| Month 12 | KES 2,949.44 | KES 6,540.56 | KES 9,490.00 | KES 190,088.67 |
| Month 13 | KES 2,851.33 | KES 6,638.67 | KES 9,490.00 | KES 183,450.00 |
| Month 14 | KES 2,751.75 | KES 6,738.25 | KES 9,490.00 | KES 176,711.75 |
| Month 15 | KES 2,650.68 | KES 6,839.32 | KES 9,490.00 | KES 169,872.43 |
| Month 16 | KES 2,548.09 | KES 6,941.91 | KES 9,490.00 | KES 162,930.52 |
| Month 17 | KES 2,443.96 | KES 7,046.04 | KES 9,490.00 | KES 155,884.47 |
| Month 18 | KES 2,338.27 | KES 7,151.73 | KES 9,490.00 | KES 148,732.74 |
| Month 19 | KES 2,230.99 | KES 7,259.01 | KES 9,490.00 | KES 141,473.73 |
| Month 20 | KES 2,122.11 | KES 7,367.89 | KES 9,490.00 | KES 134,105.84 |
| Month 21 | KES 2,011.59 | KES 7,478.41 | KES 9,490.00 | KES 126,627.43 |
| Month 22 | KES 1,899.41 | KES 7,590.59 | KES 9,490.00 | KES 119,036.84 |
| Month 23 | KES 1,785.55 | KES 7,704.45 | KES 9,490.00 | KES 111,332.39 |
| Month 24 | KES 1,669.99 | KES 7,820.01 | KES 9,490.00 | KES 103,512.38 |
| Month 25 | KES 1,552.69 | KES 7,937.31 | KES 9,490.00 | KES 95,575.06 |
| Month 26 | KES 1,433.63 | KES 8,056.37 | KES 9,490.00 | KES 87,518.69 |
| Month 27 | KES 1,312.78 | KES 8,177.22 | KES 9,490.00 | KES 79,341.47 |
| Month 28 | KES 1,190.12 | KES 8,299.88 | KES 9,490.00 | KES 71,041.59 |
| Month 29 | KES 1,065.62 | KES 8,424.38 | KES 9,490.00 | KES 62,617.21 |
| Month 30 | KES 939.26 | KES 8,550.74 | KES 9,490.00 | KES 54,066.47 |
| Month 31 | KES 811.00 | KES 8,679.00 | KES 9,490.00 | KES 45,387.47 |
| Month 32 | KES 680.81 | KES 8,809.19 | KES 9,490.00 | KES 36,578.28 |
| Month 33 | KES 548.67 | KES 8,941.33 | KES 9,490.00 | KES 27,636.96 |
| Month 34 | KES 414.55 | KES 9,075.45 | KES 9,490.00 | KES 18,561.51 |
| Month 35 | KES 278.42 | KES 9,211.58 | KES 9,490.00 | KES 9,349.93 |
| Month 36 | KES 140.25 | KES 9,349.93 | KES 9,490.18 | KES 0.00 |