Answer / prasad

Example 1 lakh housing loan,Document charges 2000
1.Housing loan a/c Dr 1,00,000
To Tata capital finance ltd 1,00,000
2.Document charges Dr 2000
To Housing loan 2000
(or)

Housing loan a/c Dr 98000
Document charges Dr 2000
To Tata capital finance ltd 1,00,000

then 1st Instalment repayment
3.Tata capital finance ltd Dr 6,000 (Principle amount)
Interest on housing loan Dr 4,000 (Interest)
To Bank a/c 10,000

Rest of Instalment repayment also same entry but principle and interest amount will be change.

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