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Update table based on the query returned in SQL Server

I am stuck with a update query. I have a query as

SELECT s_no, loan_id,repayment_date,principal,loan_balance, count(*) as repeatTimes
FROM loan_repayment_plan_mcg  
GROUP BY s_no, loan_id, repayment_date,principal,loan_balance
HAVING count(*) > 1

It returns this output:

s_no    loan_id   repayment_date    principal   loan_balance    repeatTimes
1         21111   2012-03-13            0.00    5000.00            2
2         21311   2012-04-12            0.00    2000.00            2
3         21111   2012-05-13            500     5000.00            2
4         21111   2012-06-14            0.00    5000.00            3

I want to update loan_balance multiplied by repeatTimes from my above select query based on loan_id and repayment_date which combines together to make a unique row.

The traditional way, using UPDATE from JOIN

update A
set loan_balance = loan_balance * repeatTimes
from loan_repayment_plan_mcg A
join
(
SELECT s_no, loan_id,repayment_date,principal,loan_balance, count(*) as repeatTimes
FROM loan_repayment_plan_mcg  
GROUP BY s_no, loan_id, repayment_date,principal,loan_balance
HAVING count(*) > 1
) B on A.s_no = B.s_no
   and A.loan_id = B.loan_id
   and A.repayment_date = B.repayment_date
   and A.principal = B.principal
   and A.loan_balance = B.loan_balance;

Using windowing functions and CTE in SQL Server 2008

;with cte as (
  SELECT *,sum(loan_balance) over (
             partition by s_no,loan_id,repayment_date,principal,loan_balance) total_balance
  FROM loan_repayment_plan_mcg
)
update cte
   set loan_balance = total_balance
 where loan_balance != total_balance;

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