Monthly repayment principal =160000/12/15 = 888.89.
Interest = 1367.09-888.89=478.2
Principal paid before June1= 888.89 * (13-4) = 8000.
Interest paid =478.2*( 13-4)=4303.8.
/kloc-principal to be repaid after 0/month = 1 60000-8000 =152000.
Repaying the loan in advance does not require paying interest later, but most lending institutions will charge liquidated damages. The fees charged range from 2% to 5% of the unpaid amount.