Formula
Content
SIP
A = S*R*(R Power n -1)/(R-1) In the above formula A = maturity amount S = SIP amount (plz. note in case of multiple monthly SIPs it`s advisable to clubbed all SIPs considering a big single SIP) n = Time duration of SIPs R = 1 + r/100 (where r is mly. rate of return) Plz. note if the SIP frequency is qtly. adjust the rate of return to it`s frequency. EMI
EMI = P*(1+r/1200)^(t*12) * ((1+r/1200)-1) / ((1+r/1200)^(t*12)-1)
* P=LoanAmount * R=rate Of Interset * N=number of Years Retirement
A = S*R*(R Power n -1)/(R-1) In the above formula A = maturity amount S = SIP amount (plz. note in case of multiple monthly SIPs it`s advisable to clubbed all SIPs considering a big single SIP) n = Time duration of SIPs R = 1 + r/100 (where r is mly. rate of return) Plz. note if the SIP frequency is qtly. adjust the rate of return to it`s frequency. EMI
EMI = P*(1+r/1200)^(t*12) * ((1+r/1200)-1) / ((1+r/1200)^(t*12)-1)
* P=LoanAmount * R=rate Of Interset * N=number of Years Retirement
