EMI = ( L x i ) X (( 1+ i ) ^ N) / ([(1+i)^N] – 1)

Rate of Interest 8.5 0.0071 L = Loan amount

Tenure of Loan 15 180 19 i = Interest Rate (rate per annum divided by 1
EMI 22649 22650 N = loan period in months
Number of EMI 161
436472
2300000 0 1340528 3640528 2300000
Disbursment Bal Loan Int Prepay Tot Loan Interest EMI Principle
1 Mar-10 0 0 8.50 0 0 0 0
2 Apr-10 300000 0 8.50 300000 0 0 0
3 May-10 300000 8.50 300000 2125 22650 20525
4 Jun-10 279475 8.50 279475 1980 22650 20670
5 Jul-10 300000 258805 8.50 558805 1833 22650 20817
6 Aug-10 537988 8.50 537988 3811 22650 18839
7 Sep-10 519149 8.50 519149 3677 22650 18973
8 Oct-10 400000 500176 8.50 900176 3543 22650 19107
9 Nov-10 881069 8.50 881069 6241 22650 16409
10 Dec-10 300000 864660 8.50 1164660 6125 22650 16525
11 Jan-11 1148134 8.50 1148134 8133 22650 14517
12 Feb-11 300000 1133617 8.50 1433617 8030 22650 14620
13 Mar-11 1418997 8.50 1418997 10051 22650 12599
14 Apr-11 1406398 8.50 1406398 9962 22650 12688
15 May-11 300000 1393710 8.50 1693710 9872 22650 12778
16 Jun-11 1680932 8.50 1680932 11907 22650 10743
17 Jul-11 1670189 8.50 1670189 11831 22650 10819
18 Aug-11 300000 1659369 8.50 1959369 11754 22650 10896
19 Sep-11 1948473 8.50 1948473 13802 22650 8848
20 Oct-11 1939625 8.50 1939625 13739 22650 8911
21 Nov-11 100000 1930714 8.50 2030714 13676 22650 8974
22 Dec-11 2021740 8.50 2021740 14321 22650 8329
23 Jan-12 2013410 8.50 2013410 14262 22650 8388
24 Feb-12 2005022 8.50 2005022 14202 22650 8448
25 Mar-12 1996574 8.50 1996574 14142 22650 8508
26 Apr-12 1988067 8.50 1988067 14082 22650 8568
27 May-12 1979499 8.50 1979499 14021 22650 8629
28 Jun-12 1970870 8.50 1970870 13960 22650 8690
29 Jul-12 1962181 8.50 1962181 13899 22650 8751
30 Aug-12 1953429 8.50 1953429 13837 22650 8813
31 Sep-12 1944616 8.50 1944616 13774 22650 8876
32 Oct-12 1935740 8.50 1935740 13711 22650 8939
33 Nov-12 1926802 8.50 1926802 13648 22650 9002
34 Dec-12 1917800 8.50 1917800 13584 22650 9066
35 Jan-13 1908735 8.50 1908735 13520 22650 9130
36 Feb-13 1899605 8.50 1899605 13456 22650 9194
37 Mar-13 1890410 8.50 1890410 13390 22650 9260
38 Apr-13 1881151 8.50 1881151 13325 22650 9325
39 May-13 1871825 8.50 1871825 13259 22650 9391
40 Jun-13 1862434 8.50 1862434 13192 22650 9458
41 Jul-13 1852976 8.50 1852976 13125 22650 9525
42 Aug-13 1843452 8.50 1843452 13058 22650 9592
43 Sep-13 1833860 8.50 1833860 12990 22650 9660
44 Oct-13 1824199 8.50 1824199 12921 22650 9729
45 Nov-13 1814471 8.50 1814471 12853 22650 9797
46 Dec-13 1804673 8.50 1804673 12783 22650 9867
47 Jan-14 1794806 8.50 1794806 12713 22650 9937
48 Feb-14 1784870 8.50 1784870 12643 22650 10007
49 Mar-14 1774862 8.50 1774862 12572 22650 10078
50 Apr-14 1764784 8.50 1764784 12501 22650 10149
51 May-14 1754635 8.50 1754635 12429 22650 10221
52 Jun-14 1744414 8.50 1744414 12356 22650 10294
53 Jul-14 1734120 8.50 1734120 12283 22650 10367
54 Aug-14 1723753 8.50 1723753 12210 22650 10440
55 Sep-14 1713313 8.50 1713313 12136 22650 10514
56 Oct-14 1702799 8.50 1702799 12061 22650 10589
57 Nov-14 1692211 8.50 1692211 11986 22650 10664
58 Dec-14 1681547 8.50 1681547 11911 22650 10739
59 Jan-15 1670808 8.50 1670808 11835 22650 10815
60 Feb-15 1659993 8.50 1659993 11758 22650 10892
61 Mar-15 1649101 8.50 1649101 11681 22650 10969
62 Apr-15 1638132 8.50 1638132 11603 22650 11047
63 May-15 1627086 8.50 1627086 11525 22650 11125
64 Jun-15 1615961 8.50 1615961 11446 22650 11204
65 Jul-15 1604757 8.50 1604757 11367 22650 11283
66 Aug-15 1593474 8.50 1593474 11287 22650 11363
67 Sep-15 1582111 8.50 1582111 11207 22650 11443
68 Oct-15 1570668 8.50 1570668 11126 22650 11524
69 Nov-15 1559144 8.50 1559144 11044 22650 11606
70 Dec-15 1547538 8.50 1547538 10962 22650 11688
71 Jan-16 1535849 8.50 1535849 10879 22650 11771
72 Feb-16 1524078 8.50 1524078 10796 22650 11854
73 Mar-16 1512224 8.50 1512224 10712 22650 11938
74 Apr-16 1500285 8.50 1500285 10627 22650 12023
75 May-16 1488262 8.50 1488262 10542 22650 12108
76 Jun-16 1476154 8.50 1476154 10456 22650 12194
77 Jul-16 1463960 8.50 1463960 10370 22650 12280
78 Aug-16 1451680 8.50 1451680 10283 22650 12367
79 Sep-16 1439313 8.50 1439313 10195 22650 12455
80 Oct-16 1426858 8.50 1426858 10107 22650 12543
81 Nov-16 1414315 8.50 1414315 10018 22650 12632
82 Dec-16 1401683 8.50 1401683 9929 22650 12721
83 Jan-17 1388962 8.50 1388962 9838 22650 12812
84 Feb-17 1376150 8.50 1376150 9748 22650 12902
85 Mar-17 1363248 8.50 1363248 9656 22650 12994
86 Apr-17 1350254 8.50 1350254 9564 22650 13086
87 May-17 1337168 8.50 1337168 9472 22650 13178
88 Jun-17 1323990 8.50 1323990 9378 22650 13272
89 Jul-17 1310718 8.50 1310718 9284 22650 13366
90 Aug-17 1297353 8.50 1297353 9190 22650 13460
91 Sep-17 1283892 8.50 1283892 9094 22650 13556
92 Oct-17 1270336 8.50 1270336 8998 22650 13652
93 Nov-17 1256685 8.50 1256685 8902 22650 13748
94 Dec-17 1242936 8.50 1242936 8804 22650 13846
 95 Jan-18 1229090 8.50 1229090 8706 22650 13944
96 Feb-18 1215146 8.50 1215146 8607 22650 14043
97 Mar-18 1201104 8.50 1201104 8508 22650 14142
98 Apr-18 1186961 8.50 1186961 8408 22650 14242
99 May-18 1172719 8.50 1172719 8307 22650 14343
100 Jun-18 1158376 8.50 1158376 8205 22650 14445
101 Jul-18 1143931 8.50 1143931 8103 22650 14547
102 Aug-18 1129384 8.50 1129384 8000 22650 14650
103 Sep-18 1114734 8.50 1114734 7896 22650 14754
104 Oct-18 1099980 8.50 1099980 7792 22650 14858
105 Nov-18 1085121 8.50 1085121 7686 22650 14964
106 Dec-18 1070157 8.50 1070157 7580 22650 15070
107 Jan-19 1055088 8.50 1055088 7474 22650 15176
108 Feb-19 1039911 8.50 1039911 7366 22650 15284
109 Mar-19 1024627 8.50 1024627 7258 22650 15392
110 Apr-19 1009235 8.50 1009235 7149 22650 15501
111 May-19 993734 8.50 993734 7039 22650 15611
112 Jun-19 978123 8.50 978123 6928 22650 15722
113 Jul-19 962401 8.50 962401 6817 22650 15833
114 Aug-19 946568 8.50 946568 6705 22650 15945
115 Sep-19 930623 8.50 930623 6592 22650 16058
116 Oct-19 914565 8.50 914565 6478 22650 16172
117 Nov-19 898393 8.50 898393 6364 22650 16286
118 Dec-19 882107 8.50 882107 6248 22650 16402
119 Jan-20 865705 8.50 865705 6132 22650 16518
120 Feb-20 849187 8.50 849187 6015 22650 16635
121 Mar-20 832552 8.50 832552 5897 22650 16753
122 Apr-20 815799 8.50 815799 5779 22650 16871
123 May-20 798928 8.50 798928 5659 22650 16991
124 Jun-20 781937 8.50 781937 5539 22650 17111
125 Jul-20 764826 8.50 764826 5418 22650 17232
126 Aug-20 747593 8.50 747593 5295 22650 17355
127 Sep-20 730239 8.50 730239 5173 22650 17477
128 Oct-20 712761 8.50 712761 5049 22650 17601
129 Nov-20 695160 8.50 695160 4924 22650 17726
130 Dec-20 677434 8.50 677434 4798 22650 17852
131 Jan-21 659582 8.50 659582 4672 22650 17978
132 Feb-21 641604 8.50 641604 4545 22650 18105
133 Mar-21 623499 8.50 623499 4416 22650 18234
134 Apr-21 605266 8.50 605266 4287 22650 18363
135 May-21 586903 8.50 586903 4157 22650 18493
136 Jun-21 568410 8.50 568410 4026 22650 18624
137 Jul-21 549786 8.50 549786 3894 22650 18756
138 Aug-21 531031 8.50 531031 3761 22650 18889
139 Sep-21 512142 8.50 512142 3628 22650 19022
140 Oct-21 493120 8.50 493120 3493 22650 19157
141 Nov-21 473963 8.50 473963 3357 22650 19293
142 Dec-21 454670 8.50 454670 3221 22650 19429
143 Jan-22 435241 8.50 435241 3083 22650 19567
144 Feb-22 415674 8.50 415674 2944 22650 19706
145 Mar-22 395968 8.50 395968 2805 22650 19845
146 Apr-22 376123 8.50 376123 2664 22650 19986
147 May-22 356137 8.50 356137 2523 22650 20127
148 Jun-22 336009 8.50 336009 2380 22650 20270
149 Jul-22 315740 8.50 315740 2236 22650 20414
150 Aug-22 295326 8.50 295326 2092 22650 20558
151 Sep-22 274768 8.50 274768 1946 22650 20704
152 Oct-22 254064 8.50 254064 1800 22650 20850
153 Nov-22 233214 8.50 233214 1652 22650 20998
154 Dec-22 212216 8.50 212216 1503 22650 21147
155 Jan-23 191069 8.50 191069 1353 22650 21297
156 Feb-23 169772 8.50 169772 1203 22650 21447
157 Mar-23 148325 8.50 148325 1051 22650 21599
158 Apr-23 126726 8.50 126726 898 22650 21752
159 May-23 104973 8.50 104973 744 22650 21906
160 Jun-23 83067 8.50 83067 588 22650 22062
161 Jul-23 61005 8.50 61005 432 22650 22218
162 Aug-23 38787 8.50 38787 275 22650 22375
163 Sep-23 16412 8.50 16412 116 16528 16412
164 Oct-23 0 8.50 0 0 0 0
165 Nov-23 0 8.50 0 0 0 0
166 Dec-23 0 8.50 0 0 0 0
167 Jan-24 0 8.50 0 0 0 0
168 Feb-24 0 8.50 0 0 0 0
169 Mar-24 0 8.50 0 0 0 0
170 Apr-24 0 8.50 0 0 0 0
171 May-24 0 8.50 0 0 0 0
172 Jun-24 0 8.50 0 0 0 0
173 Jul-24 0 8.50 0 0 0 0
174 Aug-24 0 8.50 0 0 0 0
175 Sep-24 0 8.50 0 0 0 0
176 Oct-24 0 8.50 0 0 0 0
177 Nov-24 0 8.50 0 0 0 0
178 Dec-24 0 8.50 0 0 0 0
179 Jan-25 0 8.50 0 0 0 0
180 Feb-25 0 8.50 0 0 0 0
181 Mar-25 0 8.50 0 0 0 0
182 Apr-25 0 8.50 0 0 0 0
183 May-25 0 8.50 0 0 0 0
184 Jun-25 0 8.50 0 0 0 0
185 Jul-25 0 8.50 0 0 0 0
186 Aug-25 0 8.50 0 0 0 0
187 Sep-25 0 8.50 0 0 0 0
188 Oct-25 0 8.50 0 0 0 0
189 Nov-25 0 8.50 0 0 0 0
190 Dec-25 0 8.50 0 0 0 0
191 Jan-26 0 8.50 0 0 0 0
192 Feb-26 0 8.50 0 0 0 0
193 Mar-26 0 8.50 0 0 0 0
194 Apr-26 0 8.50 0 0 0 0
195 May-26 0 8.50 0 0 0 0
196 Jun-26 0 8.50 0 0 0 0
197 Jul-26 0 8.50 0 0 0 0
198 Aug-26 0 8.50 0 0 0 0
199 Sep-26 0 8.50 0 0 0 0
200 Oct-26 0 8.50 0 0 0 0
201 Nov-26 0 8.50 0 0 0 0
202 Dec-26 0 8.50 0 0 0 0
203 Jan-27 0 8.50 0 0 0 0
204 Feb-27 0 8.50 0 0 0 0
205 Mar-27 0 8.50 0 0 0 0
206 Apr-27 0 8.50 0 0 0 0
207 May-27 0 8.50 0 0 0 0
208 Jun-27 0 8.50 0 0 0 0
209 Jul-27 0 8.50 0 0 0 0
210 Aug-27 0 8.50 0 0 0 0
211 Sep-27 0 8.50 0 0 0 0
212 Oct-27 0 8.50 0 0 0 0
213 Nov-27 0 8.50 0 0 0 0
214 Dec-27 0 8.50 0 0 0 0
215 Jan-28 0 8.50 0 0 0 0
216 Feb-28 0 8.50 0 0 0 0
217 Mar-28 0 8.50 0 0 0 0
218 Apr-28 0 8.50 0 0 0 0
219 May-28 0 8.50 0 0 0 0
220 Jun-28 0 8.50 0 0 0 0
221 Jul-28 0 8.50 0 0 0 0
222 Aug-28 0 8.50 0 0 0 0
223 Sep-28 0 8.50 0 0 0 0
224 Oct-28 0 8.50 0 0 0 0
225 Nov-28 0 8.50 0 0 0 0
226 Dec-28 0 8.50 0 0 0 0
227 Jan-29 0 8.50 0 0 0 0
228 Feb-29 0 8.50 0 0 0 0
229 Mar-29 0 8.50 0 0 0 0
230 Apr-29 0 8.50 0 0 0 0
231 May-29 0 8.50 0 0 0 0
232 Jun-29 0 8.50 0 0 0 0
233 Jul-29 0 8.50 0 0 0 0
234 Aug-29 0 8.50 0 0 0 0
235 Sep-29 0 8.50 0 0 0 0
236 Oct-29 0 8.50 0 0 0 0
237 Nov-29 0 8.50 0 0 0 0
238 Dec-29 0 8.50 0 0 0 0
239 Jan-30 0 8.50 0 0 0 0
240 Feb-30 0 8.50 0 0 0 0
241 Mar-30 0 8.50 0 0 0 0
242 Apr-30 0 8.50 0 0 0 0
243 May-30 0 8.50 0 0 0 0
244 Jun-30 0 8.50 0 0 0 0
245 Jul-30 0 8.50 0 0 0 0
246 Aug-30 0 8.50 0 0 0 0
247 Sep-30 0 8.50 0 0 0 0
248 Oct-30 0 8.50 0 0 0 0
249 Nov-30 0 8.50 0 0 0 0
250 Dec-30 0 8.50 0 0 0 0
251 Jan-31 0 8.50 0 0 0 0
252 Feb-31 0 8.50 0 0 0 0
253 Mar-31 0 8.50 0 0 0 0
254 Apr-31 0 8.50 0 0 0 0
255 May-31 0 8.50 0 0 0 0
256 Jun-31 0 8.50 0 0 0 0
257 Jul-31 0 8.50 0 0 0 0
258 Aug-31 0 8.50 0 0 0 0
259 Sep-31 0 8.50 0 0 0 0
260 Oct-31 0 8.50 0 0 0 0
261 Nov-31 0 8.50 0 0 0 0
262 Dec-31 0 8.50 0 0 0 0
263 Jan-32 0 8.50 0 0 0 0
264 Feb-32 0 8.50 0 0 0 0
265 Mar-32 0 8.50 0 0 0 0
266 Apr-32 0 8.50 0 0 0 0
267 May-32 0 8.50 0 0 0 0
268 Jun-32 0 8.50 0 0 0 0
269 Jul-32 0 8.50 0 0 0 0
270 Aug-32 0 8.50 0 0 0 0
271 Sep-32 0 8.50 0 0 0 0
272 Oct-32 0 8.50 0 0 0 0
273 Nov-32 0 8.50 0 0 0 0
274 Dec-32 0 8.50 0 0 0 0
275 Jan-33 0 8.50 0 0 0 0
276 Feb-33 0 8.50 0 0 0 0
277 Mar-33 0 8.50 0 0 0 0
278 Apr-33 0 8.50 0 0 0 0
279 May-33 0 8.50 0 0 0 0
280 Jun-33 0 8.50 0 0 0 0
281 Jul-33 0 8.50 0 0 0 0
282 Aug-33 0 8.50 0 0 0 0
283 Sep-33 0 8.50 0 0 0 0
284 Oct-33 0 8.50 0 0 0 0
285 Nov-33 0 8.50 0 0 0 0
286 Dec-33 0 8.50 0 0 0 0
287 Jan-34 0 8.50 0 0 0 0
288 Feb-34 0 8.50 0 0 0 0
289 Mar-34 0 8.50 0 0 0 0
290 Apr-34 0 8.50 0 0 0 0
291 May-34 0 8.50 0 0 0 0
292 Jun-34 0 8.50 0 0 0 0
293 Jul-34 0 8.50 0 0 0 0
294 Aug-34 0 8.50 0 0 0 0
295 Sep-34 0 8.50 0 0 0 0
296 Oct-34 0 8.50 0 0 0 0
297 Nov-34 0 8.50 0 0 0 0
298 Dec-34 0 8.50 0 0 0 0
299 Jan-35 0 8.50 0 0 0 0
300 Feb-35 0 8.50 0 0 0 0
301 Mar-35 0 8.50 0 0 0 0
+ i ) ^ N) / ([(1+i)^N] – 1)
3.6
t Rate (rate per annum divided by 12)
period in months

1072423
1340528 2300000 268106
Balance F.Y. Int F.Y. Principle Tax Benefit FYTax Ben
0 0
300000 0
279475 425
258805 396
537988 367
519149 762
500176 735
881069 709
864660 1248
1148134 1225
1133617 1627
1418997 1606
1406398 55548 193602 2010 11110
1393710 1992
1680932 1974
1670189 2381
1659369 2366
1948473 2351
1939625 2760
1930714 2748
2021740 2735
2013410 2864
2005022 2852
1996574 2840
1988067 153469 118331 2828 30694
1979499 2816
1970870 2804
1962181 2792
1953429 2780
1944616 2767
1935740 2755
1926802 2742
1917800 2730
1908735 2717
1899605 2704
1890410 2691
1881151 164884 106916 2678 32977
1871825 2665
1862434 2652
1852976 2638
1843452 2625
1833860 2612
1824199 2598
1814471 2584
1804673 2571
1794806 2557
1784870 2543
1774862 2529
1764784 155434 116366 2514 31087
1754635 2500
1744414 2486
1734120 2471
1723753 2457
1713313 2442
1702799 2427
1692211 2412
1681547 2397
1670808 2382
1659993 2367
1649101 2352
1638132 145148 126652 2336 29030
1627086 2321
1615961 2305
1604757 2289
1593474 2273
1582111 2257
1570668 2241
1559144 2225
1547538 2209
1535849 2192
1524078 2176
1512224 2159
1500285 133953 137847 2142 26791
1488262 2125
1476154 2108
1463960 2091
1451680 2074
1439313 2057
1426858 2039
1414315 2021
1401683 2004
1388962 1986
1376150 1968
1363248 1950
1350254 121769 150031 1931 24354
1337168 1913
1323990 1894
1310718 1876
1297353 1857
1283892 1838
1270336 1819
1256685 1800
1242936 1780
1229090 1761
1215146 1741
1201104 1721
1186961 108507 163293 1702 21701
1172719 1682
1158376 1661
1143931 1641
1129384 1621
1114734 1600
1099980 1579
1085121 1558
1070157 1537
1055088 1516
1039911 1495
1024627 1473
1009235 94074 177726 1452 18815
993734 1430
978123 1408
962401 1386
946568 1363
930623 1341
914565 1318
898393 1296
882107 1273
865705 1250
849187 1226
832552 1203
815799 78364 193436 1179 15673
798928 1156
781937 1132
764826 1108
747593 1084
730239 1059
712761 1035
695160 1010
677434 985
659582 960
641604 934
623499 909
605266 61266 210534 883 12253
586903 857
568410 831
549786 805
531031 779
512142 752
493120 726
473963 699
454670 671
435241 644
415674 617
395968 589
376123 42657 229143 561 8531
356137 533
336009 505
315740 476
295326 447
274768 418
254064 389
233214 360
212216 330
191069 301
169772 271
148325 241
126726 22403 249397 210 4481
104973 180
83067 149
61005 118
38787 86
16412 55
0 23
0 0
0 0
0 0
0 0
0 0
0 3053 126726 0 611
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0 0 0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0 0 0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0 0 0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0 0 0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0 0 0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0 0 0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0 0 0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0 0 0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0 0 0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0 0 0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0
0 0 0 0 0