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The document shows a loan repayment schedule over 48 installments. It displays the opening balance, installment amount, principal paid, interest charged, and closing balance for each period. In total, the borrower repays $450,913 for the $400,000 loan over the 48 installments, paying $50,913 in interest.
The document shows a loan repayment schedule over 48 installments. It displays the opening balance, installment amount, principal paid, interest charged, and closing balance for each period. In total, the borrower repays $450,913 for the $400,000 loan over the 48 installments, paying $50,913 in interest.
The document shows a loan repayment schedule over 48 installments. It displays the opening balance, installment amount, principal paid, interest charged, and closing balance for each period. In total, the borrower repays $450,913 for the $400,000 loan over the 48 installments, paying $50,913 in interest.