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Compare Personal Loan Offers in Excel (card 2 of 2)

Revision card 2 for Compare Personal Loan Offers in Excel: Processing fee in rupees: =B5*B8 gives ₹5,000; Total cost = interest + fee: =B11+B12 gives ₹1,49,817; EMI as % of take-home income: =B9/$B$16 gives 17.9%.

Revision card 2 for Compare Personal Loan Offers in Excel: Processing fee in rupees: =B5*B8 gives ₹5,000; Total cost = interest + fee: =B11+B12 gives ₹1,49,817; EMI as % of take-home income: =B9/$B$16 gives 17.9%.
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2 for Compare Personal Loan Offers in Excel: Processing fee in rupees: =B5*B8 gives ₹5,000

Total cost = interest + fee: =B11+B12 gives ₹1,49,817

EMI as % of take-home income: =B9/$B$16 gives 17.9%.

Learn this in the lesson: Compare Personal Loan Offers in Excel: EMI, Total Interest, Processing Fee and the Cheapest Loan

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