Excel Model For Aircraft Lease Rent Calculation

Rental Loan

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Particulars

Opening balance

Coupon income

Interest

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Closing Balance

11/30/2018

        27,300,000

          355,879

                   159,250

          27,103,371

12/31/2018

        27,103,371

          355,879

                   158,103

          26,905,594

1/31/2019

        26,905,594

          355,879

                   156,949

          26,706,664

2/28/2019

        26,706,664

          355,879

                   155,789

          26,506,574

3/31/2019

        26,506,574

          355,879

                   154,622

          26,305,316

4/30/2019

        26,305,316

          355,879

                   153,448

          26,102,884

5/31/2019

        26,102,884

          355,879

                   152,267

          25,899,272

6/30/2019

        25,899,272

          355,879

                   151,079

          25,694,472

7/31/2019

        25,694,472

          355,879

                   149,884

          25,488,477

8/31/2019

        25,488,477

          355,879

                   148,683

          25,281,280

9/30/2019

        25,281,280

          355,879

                   147,474

          25,072,875

10/31/2019

        25,072,875

          355,879

                   146,258

          24,863,254

11/30/2019

        24,863,254

          355,879

                   145,036

          24,652,410

12/31/2019

        24,652,410

          355,879

                   143,806

          24,440,337

1/31/2020

        24,440,337

          355,879

                   142,569

          24,227,026

2/29/2020

        24,227,026

          355,879

                   141,324

          24,012,471

3/31/2020

        24,012,471

          355,879

                   140,073

          23,796,664

4/30/2020

        23,796,664

          355,879

                   138,814

          23,579,599

5/31/2020

        23,579,599

          355,879

                   137,548

          23,361,267

6/30/2020

        23,361,267

          355,879

                   136,274

          23,141,662

7/31/2020

        23,141,662

          355,879

                   134,993

          22,920,776

8/31/2020

        22,920,776

          355,879

                   133,705

          22,698,601

9/30/2020

        22,698,601

          355,879

                   132,409

          22,475,130

10/31/2020

        22,475,130

          355,879

                   131,105

          22,250,356

11/30/2020

        22,250,356

          355,879

                   129,794

          22,024,270

12/31/2020

        22,024,270

          355,879

                   128,475

          21,796,866

1/31/2021

        21,796,866

          355,879

                   127,148

          21,568,135

2/28/2021

        21,568,135

          355,879

                   125,814

          21,338,069

3/31/2021

        21,338,069

          355,879

                   124,472

          21,106,662

4/30/2021

        21,106,662

          355,879

                   123,122

          20,873,905

5/31/2021

        20,873,905

          355,879

                   121,764

          20,639,790

6/30/2021

        20,639,790

          355,879

                   120,399

          20,404,310

7/31/2021

        20,404,310

          355,879

                   119,025

          20,167,455

8/31/2021

        20,167,455

          355,879

                   117,643

          19,929,220

9/30/2021

        19,929,220

          355,879

                   116,254

          19,689,594

10/31/2021

        19,689,594

          355,879

                   114,856

          19,448,571

11/30/2021

        19,448,571

          355,879

                   113,450

          19,206,141

12/31/2021

        19,206,141

          355,879

                   112,036

          18,962,298

1/31/2022

        18,962,298

          355,879

                   110,613

          18,717,032

2/28/2022

        18,717,032

          355,879

                   109,183

          18,470,335

3/31/2022

        18,470,335

          355,879

                   107,744

          18,222,199

4/30/2022

        18,222,199

          355,879

                   106,296

          17,972,616

5/31/2022

        17,972,616

          355,879

                   104,840

          17,721,577

6/30/2022

        17,721,577

          355,879

                   103,376

          17,469,074

7/31/2022

        17,469,074

          355,879

                   101,903

          17,215,097

8/31/2022

        17,215,097

          355,879

                   100,421

          16,959,639

9/30/2022

        16,959,639

          355,879

                     98,931

          16,702,691

10/31/2022

        16,702,691

          355,879

                     97,432

          16,444,244

11/30/2022

        16,444,244

          355,879

                     95,925

          16,184,290

12/31/2022

        16,184,290

          355,879

                     94,408

          15,922,819

1/31/2023

        15,922,819

          355,879

                     92,883

          15,659,822

2/28/2023

        15,659,822

          355,879

                     91,349

          15,395,292

3/31/2023

        15,395,292

          355,879

                     89,806

          15,129,219

4/30/2023

        15,129,219

          355,879

                     88,254

          14,861,593

5/31/2023

        14,861,593

          355,879

                     86,693

          14,592,406

6/30/2023

        14,592,406

          355,879

                     85,122

          14,321,649

7/31/2023

        14,321,649

          355,879

                     83,543

          14,049,313

8/31/2023

        14,049,313

          355,879

                     81,954

          13,775,388

9/30/2023

        13,775,388

          355,879

                     80,356

          13,499,865

10/31/2023

        13,499,865

          355,879

                     78,749

          13,222,735

11/30/2023

        13,222,735

          355,879

                     77,133

          12,943,988

12/31/2023

        12,943,988

          355,879

                     75,507

          12,663,615

1/31/2024

        12,663,615

          355,879

                     73,871

          12,381,607

2/29/2024

        12,381,607

          355,879

                     72,226

          12,097,954

3/31/2024

        12,097,954

          355,879

                     70,571

          11,812,646

4/30/2024

        11,812,646

          355,879

                     68,907

          11,525,674

5/31/2024

        11,525,674

          355,879

                     67,233

          11,237,027

6/30/2024

        11,237,027

          355,879

                     65,549

          10,946,697

7/31/2024

        10,946,697

          355,879

                     63,856

          10,654,674

8/31/2024

        10,654,674

          355,879

                     62,152

          10,360,947

9/30/2024

        10,360,947

          355,879

                     60,439

          10,065,506

10/31/2024

        10,065,506

          355,879

                     58,715

            9,768,342

11/30/2024

          9,768,342

          355,879

                     56,982

            9,469,445

12/31/2024

          9,469,445

          355,879

                     55,238

            9,168,804

1/31/2025

          9,168,804

          355,879

                     53,485

            8,866,409

2/28/2025

          8,866,409

          355,879

                     51,721

            8,562,251

3/31/2025

          8,562,251

          355,879

                     49,946

            8,256,318

4/30/2025

          8,256,318

          355,879

                     48,162

            7,948,600

5/31/2025

          7,948,600

          355,879

                     46,367

            7,639,088

6/30/2025

          7,639,088

          355,879

                     44,561

            7,327,770

7/31/2025

          7,327,770

          355,879

                     42,745

            7,014,636

8/31/2025

          7,014,636

          355,879

                     40,919

            6,699,675

9/30/2025

          6,699,675

          355,879

                     39,081

            6,382,877

10/31/2025

          6,382,877

          355,879

                     37,233

            6,064,231

11/30/2025

          6,064,231

          355,879

                     35,375

            5,743,727

12/31/2025

          5,743,727

          355,879

                     33,505

            5,421,353

1/31/2026

          5,421,353

          355,879

                     31,625

            5,097,098

2/28/2026

          5,097,098

          355,879

                     29,733

            4,770,952

3/31/2026

          4,770,952

          355,879

                     27,831

            4,442,903

4/30/2026

          4,442,903

          355,879

                     25,917

            4,112,940

5/31/2026

          4,112,940

          355,879

                     23,992

            3,781,053

6/30/2026

          3,781,053

          355,879

                     22,056

            3,447,230

7/31/2026

          3,447,230

          355,879

                     20,109

            3,111,459

8/31/2026

          3,111,459

          355,879

                     18,150

            2,773,730

9/30/2026

          2,773,730

          355,879

                     16,180

            2,434,031

10/31/2026

          2,434,031

          355,879

                     14,199

            2,092,350

11/30/2026

          2,092,350

          355,879

                     12,205

            1,748,676

12/31/2026

          1,748,676

          355,879

                     10,201

            1,402,997

1/31/2027

          1,402,997

          355,879

                       8,184

            1,055,302

2/28/2027

          1,055,302

          355,879

                       6,156

               705,579

3/31/2027

             705,579

          355,879

                       4,116

               353,815

4/30/2027

             353,815

          355,879

                       2,064

                          0

Aircraft lender Loan

Particulars

Opening balance

Interest

Closing Balance

11/30/2018

           8,819,952

             66,150

        8,886,101

12/31/2018

           8,886,101

             66,646

        8,952,747

1/31/2019

           8,952,747

             67,146

        9,019,893

2/28/2019

           9,019,893

             67,649

        9,087,542

3/31/2019

           9,087,542

             68,157

        9,155,699

4/30/2019

           9,155,699

             68,668

        9,224,366

5/31/2019

           9,224,366

             69,183

        9,293,549

6/30/2019

           9,293,549

             69,702

        9,363,251

7/31/2019

           9,363,251

             70,224

        9,433,475

8/31/2019

           9,433,475

             70,751

        9,504,226

9/30/2019

           9,504,226

             71,282

        9,575,508

10/31/2019

           9,575,508

             71,816

        9,647,324

11/30/2019

           9,647,324

             72,355

        9,719,679

12/31/2019

           9,719,679

             72,898

        9,792,577

1/31/2020

           9,792,577

             73,444

        9,866,021

2/29/2020

           9,866,021

             73,995

        9,940,016

3/31/2020

           9,940,016

             74,550

      10,014,566

4/30/2020

         10,014,566

             75,109

      10,089,676

5/31/2020

         10,089,676

             75,673

      10,165,348

6/30/2020

         10,165,348

             76,240

      10,241,588

7/31/2020

         10,241,588

             76,812

      10,318,400

8/31/2020

         10,318,400

             77,388

      10,395,788

9/30/2020

         10,395,788

             77,968

      10,473,757

10/31/2020

         10,473,757

             78,553

      10,552,310

11/30/2020

         10,552,310

             79,142

      10,631,452

12/31/2020

         10,631,452

             79,736

      10,711,188

1/31/2021

         10,711,188

             80,334

      10,791,522

2/28/2021

         10,791,522

             80,936

      10,872,458

3/31/2021

         10,872,458

             81,543

      10,954,002

4/30/2021

         10,954,002

             82,155

      11,036,157

5/31/2021

         11,036,157

             82,771

      11,118,928

6/30/2021

         11,118,928

             83,392

      11,202,320

7/31/2021

         11,202,320

             84,017

      11,286,337

8/31/2021

         11,286,337

             84,648

      11,370,985

9/30/2021

         11,370,985

             85,282

      11,456,267

10/31/2021

         11,456,267

             85,922

      11,542,189

11/30/2021

         11,542,189

             86,566

      11,628,756

12/31/2021

         11,628,756

             87,216

      11,715,971

1/31/2022

         11,715,971

             87,870

      11,803,841

2/28/2022

         11,803,841

             88,529

      11,892,370

3/31/2022

         11,892,370

             89,193

      11,981,563

4/30/2022

         11,981,563

             89,862

      12,071,424

5/31/2022

         12,071,424

             90,536

      12,161,960

6/30/2022

         12,161,960

             91,215

      12,253,175

7/31/2022

         12,253,175

             91,899

      12,345,073

8/31/2022

         12,345,073

             92,588

      12,437,662

9/30/2022

         12,437,662

             93,282

      12,530,944

10/31/2022

         12,530,944

             93,982

      12,624,926

11/30/2022

         12,624,926

             94,687

      12,719,613

12/31/2022

         12,719,613

             95,397

      12,815,010

1/31/2023

         12,815,010

             96,113

      12,911,123

2/28/2023

         12,911,123

             96,833

      13,007,956

3/31/2023

         13,007,956

             97,560

      13,105,516

4/30/2023

         13,105,516

             98,291

      13,203,807

5/31/2023

         13,203,807

             99,029

      13,302,836

6/30/2023

         13,302,836

             99,771

      13,402,607

7/31/2023

         13,402,607

           100,520

      13,503,127

8/31/2023

         13,503,127

           101,273

      13,604,400

9/30/2023

         13,604,400

           102,033

      13,706,433

10/31/2023

         13,706,433

           102,798

      13,809,231

11/30/2023

         13,809,231

           103,569

      13,912,800

12/31/2023

         13,912,800

           104,346

      14,017,146

1/31/2024

         14,017,146

           105,129

      14,122,275

2/29/2024

         14,122,275

           105,917

      14,228,192

3/31/2024

         14,228,192

           106,711

      14,334,904

4/30/2024

         14,334,904

           107,512

      14,442,415

5/31/2024

         14,442,415

           108,318

      14,550,733

6/30/2024

         14,550,733

           109,131

      14,659,864

7/31/2024

         14,659,864

           109,949

      14,769,813

8/31/2024

         14,769,813

           110,774

      14,880,587

9/30/2024

         14,880,587

           111,604

      14,992,191

10/31/2024

         14,992,191

           112,441

      15,104,632

11/30/2024

         15,104,632

           113,285

      15,217,917

12/31/2024

         15,217,917

           114,134

      15,332,052

1/31/2025

         15,332,052

           114,990

      15,447,042

2/28/2025

         15,447,042

           115,853

      15,562,895

3/31/2025

         15,562,895

           116,722

      15,679,616

4/30/2025

         15,679,616

           117,597

      15,797,214

5/31/2025

         15,797,214

           118,479

      15,915,693

6/30/2025

         15,915,693

           119,368

      16,035,060

7/31/2025

         16,035,060

           120,263

      16,155,323

8/31/2025

         16,155,323

           121,165

      16,276,488

9/30/2025

         16,276,488

           122,074

      16,398,562

10/31/2025

         16,398,562

           122,989

      16,521,551

11/30/2025

         16,521,551

           123,912

      16,645,463

12/31/2025

         16,645,463

           124,841

      16,770,304

1/31/2026

         16,770,304

           125,777

      16,896,081

2/28/2026

         16,896,081

           126,721

      17,022,802

3/31/2026

         17,022,802

           127,671

      17,150,473

4/30/2026

         17,150,473

           128,629

      17,279,101

5/31/2026

         17,279,101

           129,593

      17,408,694

6/30/2026

         17,408,694

           130,565

      17,539,260

7/31/2026

         17,539,260

           131,544

      17,670,804

8/31/2026

         17,670,804

           132,531

      17,803,335

9/30/2026

         17,803,335

           133,525

      17,936,860

10/31/2026

         17,936,860

           134,526

      18,071,387

11/30/2026

         18,071,387

           135,535

      18,206,922

12/31/2026

         18,206,922

           136,552

      18,343,474

1/31/2027

         18,343,474

           137,576

      18,481,050

2/28/2027

         18,481,050

           138,608

      18,619,658

3/31/2027

         18,619,658

           139,647

      18,759,305

4/30/2027

         18,759,305

           140,695

                    (0)

Equity lender Loan

Particulars

Opening balance

Coupon income

Interest

Closing Balance

11/30/2018

          6,380,048

             59,807

     69,117

        6,389,358

12/31/2018

          6,389,358

             59,807

     69,218

        6,398,769

1/31/2019

          6,398,769

             59,807

     69,320

        6,408,282

2/28/2019

          6,408,282

             59,807

     69,423

        6,417,898

3/31/2019

          6,417,898

             59,807

     69,527

        6,427,619

4/30/2019

          6,427,619

             59,807

     69,633

        6,437,444

5/31/2019

          6,437,444

             59,807

     69,739

        6,447,376

6/30/2019

          6,447,376

             59,807

     69,847

        6,457,416

7/31/2019

          6,457,416

             59,807

     69,955

        6,467,564

8/31/2019

          6,467,564

             59,807

     70,065

        6,477,822

9/30/2019

          6,477,822

             59,807

     70,176

        6,488,192

10/31/2019

          6,488,192

             59,807

     70,289

        6,498,674

11/30/2019

          6,498,674

             59,807

     70,402

        6,509,269

12/31/2019

          6,509,269

             59,807

     70,517

        6,519,979

1/31/2020

          6,519,979

             59,807

     70,633

        6,530,805

2/29/2020

          6,530,805

             59,807

     70,750

        6,541,748

3/31/2020

          6,541,748

             59,807

     70,869

        6,552,810

4/30/2020

          6,552,810

             59,807

     70,989

        6,563,992

5/31/2020

          6,563,992

             59,807

     71,110

        6,575,295

6/30/2020

          6,575,295

             59,807

     71,232

        6,586,720

7/31/2020

          6,586,720

             59,807

     71,356

        6,598,270

8/31/2020

          6,598,270

             59,807

     71,481

        6,609,944

9/30/2020

          6,609,944

             59,807

     71,608

        6,621,745

10/31/2020

          6,621,745

             59,807

     71,736

        6,633,673

11/30/2020

          6,633,673

             59,807

     71,865

        6,645,731

12/31/2020

          6,645,731

             59,807

     71,995

        6,657,919

1/31/2021

          6,657,919

             59,807

     72,127

        6,670,240

2/28/2021

          6,670,240

             59,807

     72,261

        6,682,694

3/31/2021

          6,682,694

             59,807

     72,396

        6,695,283

4/30/2021

          6,695,283

             59,807

     72,532

        6,708,008

5/31/2021

          6,708,008

             59,807

     72,670

        6,720,871

6/30/2021

          6,720,871

             59,807

     72,809

        6,733,873

7/31/2021

          6,733,873

             59,807

     72,950

        6,747,017

8/31/2021

          6,747,017

             59,807

     73,093

        6,760,302

9/30/2021

          6,760,302

             59,807

     73,237

        6,773,732

10/31/2021

          6,773,732

             59,807

     73,382

        6,787,307

11/30/2021

          6,787,307

             59,807

     73,529

        6,801,029

12/31/2021

          6,801,029

             59,807

     73,678

        6,814,900

1/31/2022

          6,814,900

             59,807

     73,828

        6,828,921

2/28/2022

          6,828,921

             59,807

     73,980

        6,843,094

3/31/2022

          6,843,094

             59,807

     74,134

        6,857,420

4/30/2022

          6,857,420

             59,807

     74,289

        6,871,902

5/31/2022

          6,871,902

             59,807

     74,446

        6,886,541

6/30/2022

          6,886,541

             59,807

     74,604

        6,901,338

7/31/2022

          6,901,338

             59,807

     74,764

        6,916,295

8/31/2022

          6,916,295

             59,807

     74,927

        6,931,415

9/30/2022

          6,931,415

             59,807

     75,090

        6,946,698

10/31/2022

          6,946,698

             59,807

     75,256

        6,962,147

11/30/2022

          6,962,147

             59,807

     75,423

        6,977,764

12/31/2022

          6,977,764

             59,807

     75,592

        6,993,549

1/31/2023

          6,993,549

             59,807

     75,763

        7,009,505

2/28/2023

          7,009,505

             59,807

     75,936

        7,025,635

3/31/2023

          7,025,635

             59,807

     76,111

        7,041,939

4/30/2023

          7,041,939

             59,807

     76,288

        7,058,419

5/31/2023

          7,058,419

             59,807

     76,466

        7,075,079

6/30/2023

          7,075,079

             59,807

     76,647

        7,091,918

7/31/2023

          7,091,918

             59,807

     76,829

        7,108,940

8/31/2023

          7,108,940

             59,807

     77,014

        7,126,147

9/30/2023

          7,126,147

             59,807

     77,200

        7,143,540

10/31/2023

          7,143,540

             59,807

     77,388

        7,161,121

11/30/2023

          7,161,121

             59,807

     77,579

        7,178,893

12/31/2023

          7,178,893

             59,807

     77,771

        7,196,857

1/31/2024

          7,196,857

             59,807

     77,966

        7,215,016

2/29/2024

          7,215,016

             59,807

     78,163

        7,233,372

3/31/2024

          7,233,372

             59,807

     78,362

        7,251,927

4/30/2024

          7,251,927

             59,807

     78,563

        7,270,682

5/31/2024

          7,270,682

             59,807

     78,766

        7,289,641

6/30/2024

          7,289,641

             59,807

     78,971

        7,308,805

7/31/2024

          7,308,805

             59,807

     79,179

        7,328,177

8/31/2024

          7,328,177

             59,807

     79,389

        7,347,758

9/30/2024

          7,347,758

             59,807

     79,601

        7,367,552

10/31/2024

          7,367,552

             59,807

     79,815

        7,387,560

11/30/2024

          7,387,560

             59,807

     80,032

        7,407,785

12/31/2024

          7,407,785

             59,807

     80,251

        7,428,229

1/31/2025

          7,428,229

             59,807

     80,472

        7,448,894

2/28/2025

          7,448,894

             59,807

     80,696

        7,469,784

3/31/2025

          7,469,784

             59,807

     80,923

        7,490,899

4/30/2025

          7,490,899

             59,807

     81,151

        7,512,244

5/31/2025

          7,512,244

             59,807

     81,383

        7,533,819

6/30/2025

          7,533,819

             59,807

     81,616

        7,555,629

7/31/2025

          7,555,629

             59,807

     81,853

        7,577,675

8/31/2025

          7,577,675

             59,807

     82,091

        7,599,959

9/30/2025

          7,599,959

             59,807

     82,333

        7,622,485

10/31/2025

          7,622,485

             59,807

     82,577

        7,645,255

11/30/2025

          7,645,255

             59,807

     82,824

        7,668,271

12/31/2025

          7,668,271

             59,807

     83,073

        7,691,537

1/31/2026

          7,691,537

             59,807

     83,325

        7,715,055

2/28/2026

          7,715,055

             59,807

     83,580

        7,738,828

3/31/2026

          7,738,828

             59,807

     83,837

        7,762,858

4/30/2026

          7,762,858

             59,807

     84,098

        7,787,149

5/31/2026

          7,787,149

             59,807

     84,361

        7,811,703

6/30/2026

          7,811,703

             59,807

     84,627

        7,836,523

7/31/2026

          7,836,523

             59,807

     84,896

        7,861,611

8/31/2026

          7,861,611

             59,807

     85,167

        7,886,972

9/30/2026

          7,886,972

             59,807

     85,442

        7,912,607

10/31/2026

          7,912,607

             59,807

     85,720

        7,938,520

11/30/2026

          7,938,520

             59,807

     86,001

        7,964,713

12/31/2026

          7,964,713

             59,807

     86,284

        7,991,191

1/31/2027

          7,991,191

             59,807

     86,571

        8,017,955

2/28/2027

          8,017,955

             59,807

     86,861

        8,045,009

3/31/2027

          8,045,009

             59,807

     87,154

        8,072,356

4/30/2027

          8,072,356

             59,807

     87,451

0

The total rent that is relevant evaluated for organisation is mainly at the levels of $415,686, which can be quoted for rent to the airline company.

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