Your monthly installment, the interest vs principal split over the life of the loan — and exactly what an extra monthly payment saves you in rupees and months.
Rs
%/yr
years
Rs/mo
Check your inputs — amount, rate and tenure must be positive.
Monthly installment
—
—
Total interest
—
—
Total paid
—
principal + interest
Paid off in
—
—
With — extra each month you save — in interest and finish — early.
Balance & where each payment goes
Interest portion of payments (cumulative)Outstanding balance
Year-by-year schedule
Year
Paid
Interest
Principal
Closing balance
Notes & assumptions
Standard reducing-balance (EMI) method with monthly compounding — the way most SL housing and personal loans work.
Extra payments are applied straight to principal each month, on top of the regular installment.
Variable-rate loans (e.g. AWPLR-linked) will reprice over time — rerun with a higher rate to stress-test your installment.
Fees, insurance and early-settlement charges are not included. An estimate for planning, not an offer.