Loan Calculator with Extra Payments

Enter Values
Rs.120,000.00
9.000%
5
12/12/2011
Rs.0.00

Loan Amount
Annual Interest Rate
Loan Period in Years
Start Date of Loan
Optional Extra Payments

Scheduled Monthly Payment

Scheduled Number of Payments
Actual Number of Payments
Total Early Payments
Total Interest

No.
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48

Payment
Date
12/01/2012 Rs.
12/02/2012
12/03/2012
12/04/2012
12/05/2012
12/06/2012
12/07/2012
12/08/2012
12/09/2012
12/10/2012
12/11/2012
12/12/2012
12/01/2013
12/02/2013
12/03/2013
12/04/2013
12/05/2013
12/06/2013
12/07/2013
12/08/2013
12/09/2013
12/10/2013
12/11/2013
12/12/2013
12/01/2014
12/02/2014
12/03/2014
12/04/2014
12/05/2014
12/06/2014
12/07/2014
12/08/2014
12/09/2014
12/10/2014
12/11/2014
12/12/2014
12/01/2015
12/02/2015
12/03/2015
12/04/2015
12/05/2015
12/06/2015
12/07/2015
12/08/2015
12/09/2015
12/10/2015
12/11/2015
12/12/2015

Beginning
Balance
120,000.00
118,409.00
116,806.06
115,191.11
113,564.04
111,924.76
110,273.20
108,609.24
106,932.81
105,243.80
103,542.13
101,827.69
100,100.40
98,360.15
96,606.85
94,840.39
93,060.70
91,267.65
89,461.15
87,641.11
85,807.41
83,959.97
82,098.66
80,223.40
78,334.07
76,430.58
74,512.80
72,580.65
70,634.00
68,672.75
66,696.80
64,706.02
62,700.31
60,679.56
58,643.65
56,592.48
54,525.92
52,443.86
50,346.19
48,232.78
46,103.53
43,958.30
41,796.98
39,619.46
37,425.60
35,215.29
32,988.40
30,744.81

Rs.

Rs.
Rs.

Instructions

Must be between 1 and 30 years.

If your extra payments vary, enter them in the table below.

2,491.00
48
60
29,460.16
Scheduled
Payment
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00

Extra
Payment
Rs.

Total
Payment

Principal

Rs. 2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00

Rs. 1,591.00
1,602.94
1,614.96
1,627.07
1,639.27
1,651.57
1,663.95
1,676.43
1,689.01
1,701.67
1,714.44
1,727.29
1,740.25
1,753.30
1,766.45
1,779.70
1,793.05
1,806.50
1,820.04
1,833.69
1,847.45
1,861.30
1,875.26
1,889.33
1,903.50
1,917.77
1,932.16
1,946.65
1,961.25
1,975.96
1,990.78
2,005.71
2,020.75
2,035.91
2,051.18
2,066.56
2,082.06
2,097.67
2,113.41
2,129.26
2,145.23
2,161.32
2,177.53
2,193.86
2,210.31
2,226.89
2,243.59
2,260.42

Ending
Balance

Interest
Rs.

900.00
888.07
876.05
863.93
851.73
839.44
827.05
814.57
802.00
789.33
776.57
763.71
750.75
737.70
724.55
711.30
697.96
684.51
670.96
657.31
643.56
629.70
615.74
601.68
587.51
573.23
558.85
544.35
529.75
515.05
500.23
485.30
470.25
455.10
439.83
424.44
408.94
393.33
377.60
361.75
345.78
329.69
313.48
297.15
280.69
264.11
247.41
230.59

Rs.

118,409.00
116,806.06
115,191.11
113,564.04
111,924.76
110,273.20
108,609.24
106,932.81
105,243.80
103,542.13
101,827.69
100,100.40
98,360.15
96,606.85
94,840.39
93,060.70
91,267.65
89,461.15
87,641.11
85,807.41
83,959.97
82,098.66
80,223.40
78,334.07
76,430.58
74,512.80
72,580.65
70,634.00
68,672.75
66,696.80
64,706.02
62,700.31
60,679.56
58,643.65
56,592.48
54,525.92
52,443.86
50,346.19
48,232.78
46,103.53
43,958.30
41,796.98
39,619.46
37,425.60
35,215.29
32,988.40
30,744.81
28,484.40

No.
49
50
51
52
53
54
55
56
57
58
59
60

Payment
Date
12/01/2016
12/02/2016
12/03/2016
12/04/2016
12/05/2016
12/06/2016
12/07/2016
12/08/2016
12/09/2016
12/10/2016
12/11/2016
12/12/2016

Beginning
Balance
28,484.40
26,207.03
23,912.58
21,600.92
19,271.92
16,925.46
14,561.40
12,179.61
9,779.95
7,362.30
4,926.51
2,472.46

Scheduled
Payment
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00

Extra
Payment
-

Total
Payment

Principal

2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00
2,491.00

2,277.37
2,294.45
2,311.66
2,329.00
2,346.46
2,364.06
2,381.79
2,399.66
2,417.65
2,435.79
2,454.05
2,472.46

Interest
213.63
196.55
179.34
162.01
144.54
126.94
109.21
91.35
73.35
55.22
36.95
18.54

Ending
Balance
26,207.03
23,912.58
21,600.92
19,271.92
16,925.46
14,561.40
12,179.61
9,779.95
7,362.30
4,926.51
2,472.46
0.00