Source: www.taxguru.

in

INSERT INPUTS IN THIS SHEET

Amount 50000 Actual

Interest 15 % p.a.
Period 20 years
EMI 652 per month
Payment 658 per month

Go to the EMI Schedule

Source: www.taxguru.in
Month Opening Balance EMI Principal Interest
1 50,000.00 658.39 33.39 625.00
2 49,966.61 658.39 33.81 624.58
3 49,932.79 658.39 34.23 624.16
4 49,898.56 658.39 34.66 623.73
5 49,863.90 658.39 35.10 623.30
6 49,828.80 658.39 35.53 622.86
7 49,793.26 658.39 35.98 622.42
8 49,757.29 658.39 36.43 621.97
9 49,720.86 658.39 36.88 621.51
10 49,683.97 658.39 37.35 621.05
11 49,646.63 658.39 37.81 620.58
12 49,608.82 658.39 38.28 620.11
13 49,570.53 658.39 38.76 619.63
14 49,531.77 658.39 39.25 619.15
15 49,492.52 658.39 39.74 618.66
16 49,452.78 658.39 40.24 618.16
17 49,412.55 658.39 40.74 617.66
18 49,371.81 658.39 41.25 617.15
19 49,330.56 658.39 41.76 616.63
20 49,288.80 658.39 42.28 616.11
21 49,246.51 658.39 42.81 615.58
22 49,203.70 658.39 43.35 615.05
23 49,160.35 658.39 43.89 614.50
24 49,116.46 658.39 44.44 613.96
25 49,072.02 658.39 44.99 613.40
26 49,027.03 658.39 45.56 612.84
27 48,981.47 658.39 46.13 612.27
28 48,935.34 658.39 46.70 611.69
29 48,888.64 658.39 47.29 611.11
30 48,841.36 658.39 47.88 610.52
31 48,793.48 658.39 48.48 609.92
32 48,745.00 658.39 49.08 609.31
33 48,695.92 658.39 49.70 608.70
34 48,646.22 658.39 50.32 608.08
35 48,595.91 658.39 50.95 607.45
36 48,544.96 658.39 51.58 606.81
37 48,493.38 658.39 52.23 606.17
38 48,441.15 658.39 52.88 605.51
39 48,388.27 658.39 53.54 604.85
40 48,334.73 658.39 54.21 604.18
41 48,280.52 658.39 54.89 603.51
42 48,225.63 658.39 55.57 602.82
43 48,170.05 658.39 56.27 602.13
44 48,113.79 658.39 56.97 601.42
45 48,056.81 658.39 57.68 600.71
46 47,999.13 658.39 58.41 599.99
47 47,940.72 658.39 59.14 599.26
48 47,881.59 658.39 59.87 598.52
49 47,821.71 658.39 60.62 597.77
50 47,761.09 658.39 61.38 597.01
51 47,699.71 658.39 62.15 596.25
 52 47,637.56 658.39 62.93 595.47
53 47,574.63 658.39 63.71 594.68
54 47,510.92 658.39 64.51 593.89
55 47,446.41 658.39 65.31 593.08
56 47,381.10 658.39 66.13 592.26
57 47,314.97 658.39 66.96 591.44
58 47,248.01 658.39 67.79 590.60
59 47,180.22 658.39 68.64 589.75
60 47,111.57 658.39 69.50 588.89
61 47,042.07 658.39 70.37 588.03
62 46,971.70 658.39 71.25 587.15
63 46,900.46 658.39 72.14 586.26
64 46,828.32 658.39 73.04 585.35
65 46,755.28 658.39 73.95 584.44
66 46,681.32 658.39 74.88 583.52
67 46,606.44 658.39 75.81 582.58
68 46,530.63 658.39 76.76 581.63
69 46,453.87 658.39 77.72 580.67
70 46,376.15 658.39 78.69 579.70
71 46,297.45 658.39 79.68 578.72
72 46,217.78 658.39 80.67 577.72
73 46,137.10 658.39 81.68 576.71
74 46,055.42 658.39 82.70 575.69
75 45,972.72 658.39 83.74 574.66
76 45,888.98 658.39 84.78 573.61
77 45,804.20 658.39 85.84 572.55
78 45,718.36 658.39 86.92 571.48
79 45,631.44 658.39 88.00 570.39
80 45,543.44 658.39 89.10 569.29
81 45,454.34 658.39 90.22 568.18
82 45,364.13 658.39 91.34 567.05
83 45,272.78 658.39 92.49 565.91
84 45,180.30 658.39 93.64 564.75
85 45,086.66 658.39 94.81 563.58
86 44,991.84 658.39 96.00 562.40
87 44,895.85 658.39 97.20 561.20
88 44,798.65 658.39 98.41 559.98
89 44,700.24 658.39 99.64 558.75
90 44,600.60 658.39 100.89 557.51
91 44,499.71 658.39 102.15 556.25
92 44,397.56 658.39 103.43 554.97
93 44,294.14 658.39 104.72 553.68
94 44,189.42 658.39 106.03 552.37
95 44,083.39 658.39 107.35 551.04
96 43,976.04 658.39 108.69 549.70
97 43,867.35 658.39 110.05 548.34
98 43,757.29 658.39 111.43 546.97
99 43,645.86 658.39 112.82 545.57
100 43,533.04 658.39 114.23 544.16
101 43,418.81 658.39 115.66 542.74
102 43,303.15 658.39 117.11 541.29
103 43,186.05 658.39 118.57 539.83
104 43,067.48 658.39 120.05 538.34
105 42,947.42 658.39 121.55 536.84
106 42,825.87 658.39 123.07 535.32
107 42,702.80 658.39 124.61 533.79
108 42,578.19 658.39 126.17 532.23
109 42,452.02 658.39 127.74 530.65
110 42,324.28 658.39 129.34 529.05
111 42,194.94 658.39 130.96 527.44
112 42,063.98 658.39 132.60 525.80
113 41,931.39 658.39 134.25 524.14
114 41,797.13 658.39 135.93 522.46
115 41,661.20 658.39 137.63 520.77
116 41,523.57 658.39 139.35 519.04
117 41,384.22 658.39 141.09 517.30
118 41,243.13 658.39 142.86 515.54
119 41,100.27 658.39 144.64 513.75
120 40,955.63 658.39 146.45 511.95
BACK

Closing Balance
49,966.61
49,932.79
49,898.56
49,863.90
49,828.80
49,793.26
49,757.29
49,720.86
49,683.97
49,646.63
49,608.82
49,570.53
49,531.77
49,492.52
49,452.78
49,412.55
49,371.81
49,330.56
49,288.80
49,246.51
49,203.70
49,160.35
49,116.46
49,072.02
49,027.03
48,981.47
48,935.34
48,888.64
48,841.36
48,793.48
48,745.00
48,695.92
48,646.22
48,595.91
48,544.96
48,493.38
48,441.15
48,388.27
48,334.73
48,280.52
48,225.63
48,170.05
48,113.79
48,056.81
47,999.13
47,940.72
47,881.59
47,821.71
47,761.09
47,699.71
47,637.56
47,574.63
47,510.92
47,446.41
47,381.10
47,314.97
47,248.01
47,180.22
47,111.57
47,042.07
46,971.70
46,900.46
46,828.32
46,755.28
46,681.32
46,606.44
46,530.63
46,453.87
46,376.15
46,297.45
46,217.78
46,137.10
46,055.42
45,972.72
45,888.98
45,804.20
45,718.36
45,631.44
45,543.44
45,454.34
45,364.13
45,272.78
45,180.30
45,086.66
44,991.84
44,895.85
44,798.65
44,700.24
44,600.60
44,499.71
44,397.56
44,294.14
44,189.42
44,083.39
43,976.04
43,867.35
43,757.29
43,645.86
43,533.04
43,418.81
43,303.15
43,186.05
43,067.48
42,947.42
42,825.87
42,702.80
42,578.19
42,452.02
42,324.28
42,194.94
42,063.98
41,931.39
41,797.13
41,661.20
41,523.57
41,384.22
41,243.13
41,100.27
40,955.63
40,809.18
 Table showing the Calculation of EMI

Principal 100

Year 10 11 11.5 12 12.5 13 13.5 14 14.5 15 15.5

1 8.7915887 8.8381659 8.8615054 8.8848789 8.9082863 8.9317276 8.9552027 8.9787118 9.0022546 9.0258312 9.0494416
2 4.6144926 4.6607838 4.6840315 4.7073472 4.7307308 4.7541823 4.7777015 4.8012883 4.8249428 4.8486648 4.8724542
3 3.2267187 3.2738717 3.2976006 3.3214310 3.3453626 3.3693952 3.3935287 3.4177630 3.4420977 3.4665329 3.4910681
4 2.5362583 2.5845523 2.6089009 2.6333835 2.6579999 2.6827496 2.7076323 2.7326476 2.7577953 2.7830748 2.8084859
5 2.1247045 2.1742423 2.1992607 2.2244448 2.2497938 2.2753073 2.3009846 2.3268251 2.3528281 2.3789930 2.4053191
6 1.8525838 1.9034079 1.9291156 1.9550193 1.9811179 2.0074105 2.0338962 2.0605739 2.0874427 2.1145013 2.1417488
7 1.6601184 1.7122436 1.7386461 1.7652733 1.7921238 1.8191963 1.8464893 1.8740012 1.9017304 1.9296755 1.9578347
8 1.5174164 1.5708426 1.5979374 1.6252841 1.6528809 1.6807255 1.7088160 1.7371501 1.7657257 1.7945405 1.8235923
9 1.4078686 1.4625861 1.4903660 1.5184233 1.5467551 1.5753588 1.6042314 1.6333701 1.6627719 1.6924337 1.7223525
10 1.3215074 1.3775001 1.4059544 1.4347095 1.4637617 1.4931074 1.5227429 1.5526644 1.5828679 1.6133496 1.6441054
11 1.2519877 1.3092349 1.3383504 1.3677879 1.3975429 1.4276108 1.4579868 1.4886661 1.5196438 1.5509150 1.5824745
12 1.1950783 1.2535553 1.2833166 1.3134191 1.3438573 1.3746252 1.4057172 1.4371271 1.4688490 1.5008768 1.5332043
13 1.1478481 1.2075274 1.2379177 1.2686662 1.2997661 1.3312103 1.3629917 1.3951032 1.4275376 1.4602875 1.4933456
14 1.1082027 1.1690542 1.2000554 1.2314295 1.2631683 1.2952636 1.3277068 1.3604896 1.3936034 1.4270397 1.4607899
15 1.0746051 1.1365969 1.1681898 1.2001681 1.2325221 1.2652422 1.2983185 1.3317414 1.3655009 1.3995871 1.4339903
16 1.0459019 1.1090004 1.1411650 1.1737251 1.2066698 1.2399878 1.2736680 1.3076992 1.3420701 1.3767696 1.4117867
17 1.0212105 1.0853806 1.1180963 1.1512155 1.1847258 1.2186144 1.2528688 1.2874762 1.3224243 1.3577004 1.3932925
18 0.9998437 1.0650496 1.0982952 1.1319504 1.1660009 1.2004325 1.2352313 1.2703831 1.3058741 1.3416908 1.3778195
19 0.9812589 1.0474639 1.0812181 1.1153857 1.1499508 1.1848980 1.2202115 1.2558760 1.2918765 1.3281980 1.3648260
20 0.9650216 1.0321884 1.0664296 1.1010861 1.1361405 1.1715757 1.2073747 1.2435208 1.2799978 1.3167896 1.3538807
 16 16.5 17 17.5 18
9.0730858 9.0967637 9.1204752 9.1442204 9.1679993
4.8963111 4.9202351 4.9442264 4.9682848 4.9924102
3.5157033 3.5404383 3.5652728 3.5902066 3.6152396
2.8340281 2.8597010 2.8855042 2.9114374 2.9375000
2.4318057 2.4584521 2.4852576 2.5122214 2.5393427
2.1691841 2.1968059 2.2246131 2.2526046 2.2807791
1.9862064 2.0147889 2.0435805 2.0725794 2.1017838
1.8528786 1.8823971 1.9121454 1.9421210 1.9723214
1.7525251 1.7829483 1.8136188 1.8445334 1.8756888
1.6751312 1.7064230 1.7379765 1.7697876 1.8018520
1.6143173 1.6464382 1.6788321 1.7114937 1.7444179
1.5658253 1.5987336 1.6319229 1.6653870 1.6991195
1.5267045 1.5603569 1.5942953 1.6285124 1.6630009
1.4948454 1.5291977 1.5638383 1.5987586 1.6339503
1.4687007 1.5037086 1.5390043 1.5745782 1.6104210
1.4471103 1.4827297 1.5186341 1.5548129 1.5912557
1.4291882 1.4653758 1.5018434 1.5385795 1.5755729
1.4142471 1.4509606 1.4879473 1.5251950 1.5626914
1.4017463 1.4389450 1.4764085 1.5141238 1.5520782
1.3912559 1.4289006 1.4668005 1.5049419 1.5433115