...like what do we have add... its a simple excel calculation done... if you know how to use excel.. please feed these values into the formula...pmt() in excel..
RATE= 7%/12
NPER= 48,
PV = 70,000

i cannot think of any other charges here... and if i have missed something, please be more specific... dont be vague in giving a comment..and by discarding what do you mean...?? you cannot close the deal before the agreed time and to these companies also u provide Post dated cheques so how can you escape the legalities...???