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Construct a model for recovery of loan where the future recovery gets adjusted

automatically depending on the amount paid in particular installment

Loan amount 100000


Recovery 60 months
Required irr 0.2
EMI 2649.39

No of months INO Principal


0
60 1 $982.72
59 2 $999.10
58 3 $1,015.75
57 4 $1,032.68
56 5 $1,049.89
55 6 $1,067.39
54 7 $1,085.18
53 8 $1,103.27
52 9 $1,121.65
51 10 $1,140.35
50 11 $1,159.35
49 12 $1,045.11
48 13 $1,062.52
47 14 $1,080.23
46 15 $1,098.24
45 16 $1,116.54
44 17 $1,135.15
43 18 $1,154.07
42 19 0
41 20 $1,213.03
40 21 $1,233.25
39 22 $1,253.80
38 23 $1,274.70
37 24 $1,295.94
36 25 $1,317.54
35 26 $1,339.50
34 27 $1,361.83
33 28 $1,384.52
32 29 $1,407.60
31 30 $1,431.06
30 31 $1,454.91
29 32 $1,479.16
28 33 $1,503.81
27 34 $1,528.88
26 35 $1,554.36
25 36 $1,580.26
24 37 $1,606.60
23 38 $1,633.38
22 39 $1,660.60
21 40 $1,688.28
20 41 $1,716.41
19 42 $1,745.02
18 43 $1,774.11
17 44 $1,803.67
16 45 $1,833.74
15 46 $1,864.30
14 47 $1,895.37
13 48 $1,926.96
12 49 $1,959.07
11 50 $1,991.73
10 51 $2,024.92
9 52 $2,058.67
8 53 $2,092.98
7 54 $2,127.86
6 55 $2,163.33
5 56 $2,199.38
4 57 $2,236.04
3 58 $2,273.31
2 59 $2,311.20
1 60 $2,349.72
Interest Installment Additional Pattern Balance
100000
1666.666667 $2,649.39 1 $99,017.28
1650.287972 $2,649.39 1 $98,018.18
$1,633.64 $2,649.39 1 $97,002.43
1616.707097 $2,649.39 1 $95,969.74
$1,599.50 $2,649.39 1 $94,919.85
1581.997532 $2,649.39 1 $93,852.46
$1,564.21 $2,649.39 1 $92,767.28
1546.12134 $2,649.39 1 $91,664.01
$1,527.73 $2,649.39 1 $90,542.36
$1,509.04 $2,649.39 1 $89,402.01
$1,490.03 $2,649.39 10,000 lumpsum $78,242.65
$1,304.04 $2,349.15 $77,197.55
$1,286.63 $2,349.15 $76,135.03
$1,268.92 $2,349.15 $75,054.79
$1,250.91 $2,349.15 $73,956.56
$1,232.61 $2,349.15 $72,840.02
$1,214.00 $2,349.15 $71,704.87
$1,195.08 $2,349.15 $70,550.80
0 0 0 Default $70,550.80
$1,175.85 $2,388.88 1 $69,337.77
$1,155.63 $2,388.88 2 $68,104.52
$1,135.08 $2,388.88 3 $66,850.72
$1,114.18 $2,388.88 4 $65,576.02
$1,092.93 $2,388.88 5 $64,280.07
$1,071.33 $2,388.88 6 $62,962.53
$1,049.38 $2,388.88 7 $61,623.03
$1,027.05 $2,388.88 8 $60,261.20
$1,004.35 $2,388.88 9 $58,876.68
$981.28 $2,388.88 10 $57,469.08
$957.82 $2,388.88 11 $56,038.02
$933.97 $2,388.88 12 $54,583.11
$909.72 $2,388.88 13 $53,103.95
$885.07 $2,388.88 14 $51,600.13
$860.00 $2,388.88 15 $50,071.26
$834.52 $2,388.88 16 $48,516.90
$808.62 $2,388.88 17 $46,936.64
$782.28 $2,388.88 18 $45,330.04
$755.50 $2,388.88 18 $43,696.66
$728.28 $2,388.88 18 $42,036.06
$700.60 $2,388.88 18 $40,347.78
$672.46 $2,388.88 18 $38,631.37
$643.86 $2,388.88 18 $36,886.35
$614.77 $2,388.88 18 $35,112.24
$585.20 $2,388.88 18 $33,308.57
$555.14 $2,388.88 18 $31,474.83
$524.58 $2,388.88 18 $29,610.54
$493.51 $2,388.88 18 $27,715.17
$461.92 $2,388.88 18 $25,788.21
$429.80 $2,388.88 18 $23,829.13
$397.15 $2,388.88 18 $21,837.41
$363.96 $2,388.88 18 $19,812.49
$330.21 $2,388.88 18 $17,753.82
$295.90 $2,388.88 18 $15,660.84
$261.01 $2,388.88 18 $13,532.97
$225.55 $2,388.88 18 $11,369.64
$189.49 $2,388.88 18 $9,170.26
$152.84 $2,388.88 18 $6,934.22
$115.57 $2,388.88 18 $4,660.91
$77.68 $2,388.88 18 $2,349.72
$39.16 $2,388.88 18 $0.00