full settlement

Salam.

Curently i'm thinking of doing full settlement utk menutup hutang piutang lama. so mcm biasa la, nk kena mntk statement dr bank utk tau jumlah balance yg perlu dibayar. as we know, klo setel awal kte akan dpt rebate kn. but u guys tau x cmne nk kira rebate itew. klo x tau, meh cikgu nk ajar....

formulanye gini ye murid2:

rebate = interest charge x remaining repayment period (in months) / repayment period (in months)

katakan loan = RM 50,000
interest = 4% (RM 20,000)
original repayment period = 10 tahun (120 bulan)
remaining repayment period = 5 tahun (60 bulan)

rebate = RM 20,000 x (1+2+3+.................+60) / (1+2+3+..................+120)

           = RM 20,000 x 1830 / 7260

           = RM 5,041.32

aku dh try formula ni utk sorg kwn yg nk buat full settlement dan amaunnye mmg sama dgn yg bank bg. so mmg tepat la. lgpn source of calculation ni dr bank negara. ko berani kata x betul????

i've calculated mine & rs lega sgt sbb balance dh x byk. insyaallah, bleh la nkwt full settlement pstu goyang kaki. bajet mcm dlm bank ada jota2 khueennnn...hahahaa...... (gelak org kaya).

klo mls nk kira, p je kt web ni:
https://www.ecloan.com.my/calculator/loan_settlement.asp

bye!

kuciwa..

rs sgt frust bila org yg diharapkn x bertindak mengikut yg sepatutnye. when it comes to conflict of interest, he lose! tiba2 lately mcm trserlah true colornye. i'm speechless & this make me really demotivated. i'm so tired & i think i really need a break. adkh mknanye 1 lg percutian??? huahuahua.... but i really hope that he is not as what we think cz if not, u'll make us become less respect towards u. watch out!