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Loan Amortization Schedule

The document outlines a loan amortization schedule with a total of 103 months, showing a total interest paid of 1,195,020 and total payments of 4,095,020. It details the first 12 months of payments, including monthly EMI, interest, principal, prepayments, and remaining balance. The estimated interest saved by prepaying is 8,344,980.

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kalyan
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15 views1 page

Loan Amortization Schedule

The document outlines a loan amortization schedule with a total of 103 months, showing a total interest paid of 1,195,020 and total payments of 4,095,020. It details the first 12 months of payments, including monthly EMI, interest, principal, prepayments, and remaining balance. The estimated interest saved by prepaying is 8,344,980.

Uploaded by

kalyan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Loan Amortization Schedule (with Prepayments)

Total Months: 103

Total Interest Paid: 1195020

Total Paid: 4095020

Original Tenure (Months): 360

New Tenure (Months): 103

Interest Saved (Estimate): 8344980

First 12 Months Breakdown

Month EMI Interest Principal Prepayment Total Paid Balance

Jan 2025 26500 20662 5838 13500 40000 2880662

Feb 2025 26500 20525 5975 13500 40000 2861187

Mar 2025 26500 20386 6114 13500 40000 2841573

Apr 2025 26500 20246 6254 13500 40000 2821819

May 2025 26500 20105 6395 13500 40000 2801925

Jun 2025 26500 19964 6536 13500 40000 2781889

Jul 2025 26500 19821 6679 13500 40000 2761710

Aug 2025 26500 19677 6823 13500 40000 2741387

Sep 2025 26500 19532 6968 13500 40000 2720919

Oct 2025 26500 19387 7113 13500 40000 2700306

Nov 2025 26500 19240 7260 13500 40000 2679545

Dec 2025 26500 19092 7408 13500 40000 2658637

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