500000 x 005 12 208333 Principal and interest vs. This means in the formula P 100000. The monthly interest rate r 612 0005.
This means in the formula P 100000.
In India Home Loans are offered with two types of interest rates. This means in the formula P 100000. Start by finding your monthly payments either on a recent bill or on your loan agreement. The principal amount outstanding is 100000.