Staff Housing Loan Calc

Designed and Developed By: Ajay Kumar Verma, Manager, CTMU, BOB, HO, Vadodara
Enter your details in Green Field only Calcuation- Loan Limit
1 Name (Mr./ Mrs./ Ms) Age (In Years) 31
2 Enter Your Date of Birth 19-Sep-88 dd-mmm-yyyyy Max Deduction (Upto 60% of Gross Salary Allowed) 28200
3 Scale / Grade S-I Max Amount Available for EMI 23200
4 Have you availed Housing Loan Earlier No 1) 90 % of Cost of House 2340000
5 If Yes, Availed Housing Loan Amount 0 2) 95 Times of Gross Salary 4465000
6 Gross Monthly Salary (Rs) 47000 3) Max Prescribed Limit by Bank as per Scale 6000000
7 Total Monthly Deduction (Rs) 5000 4) As per deductions 60% 6264000
8 Cost of House (Rs) 2600000 Eligible Amount of Loan (Whichever is lower) 2340000
9 Loan Requirement (Rs) 2340000 Total Repayment Period (Months) 360
10 1st Disbursement Date 30-Dec-19 dd-mmm-yyyyy Principle to be recovered in Months 270
11 Moratorium Period (In Months) 0 Interest to be recovered in Months 90
12 Group Credit Life Insurance Premium 0 Note: -There is comment in each cell for filling details.

Result Eligible Amount of Loan (Rs) 2340000

Total Repayment Total (Fig in Rs) EMI (Rs) Starting Date of EMI Applicable ROI
Principal Amount 2340000 8667 31-Dec-19 6.50%
Interest Amount 1706244 18958 30-Jun-42
Total Amount 4046244 Scroll down for more details / Amortization Schedule

Tax Benefit on Home Loan Date Range: From - To Repayment of the Interest (Under Section 24) Repayment of the Principal Amount (Section 80 C)
1-Apr-17 31-Mar-18 0 0 (Approximate Figures)
dd-mmm-yyyyy dd-mmm-yyyyy
Amortization Schedule
Principal Monthly Installment (Approximate Figures)

Closing
Installmen EMI Balance in
t Number Date of EMI Opening Balance (Principal Part) No of days Interest Part Principal Balance Fincale
1 31-Dec-19 2340000 8667 1 417 2331333 2331750
2 31-Jan-20 2331333 8667 31 12870 2322667 2335537
3 29-Feb-20 2322667 8667 29 11995 2314000 2325995
4 31-Mar-20 2314000 8667 31 12775 2305333 2318108
5 30-Apr-20 2305333 8667 30 12316 2296667 2308983
6 31-May-20 2296667 8667 31 12679 2288000 2300679
7 30-Jun-20 2288000 8667 30 12224 2279333 2291557
8 31-Jul-20 2279333 8667 31 12583 2270667 2283250
9 31-Aug-20 2270667 8667 31 12535 2262000 2274535
10 30-Sep-20 2262000 8667 30 12085 2253333 2265418
11 31-Oct-20 2253333 8667 31 12440 2244667 2257106
12 30-Nov-20 2244667 8667 30 11992 2236000 2247992
13 31-Dec-20 2236000 8667 31 12344 2227333 2239677
14 31-Jan-21 2227333 8667 31 12296 2218667 2230963
15 28-Feb-21 2218667 8667 28 11063 2210000 2221063
16 31-Mar-21 2210000 8667 31 12200 2201333 2213534
17 30-Apr-21 2201333 8667 30 11761 2192667 2204427
18 31-May-21 2192667 8667 31 12105 2184000 2196105
19 30-Jun-21 2184000 8667 30 11668 2175333 2187001
20 31-Jul-21 2175333 8667 31 12009 2166667 2178676
21 31-Aug-21 2166667 8667 31 11961 2158000 2169961
22 30-Sep-21 2158000 8667 30 11529 2149333 2160862
23 31-Oct-21 2149333 8667 31 11865 2140667 2152532
24 30-Nov-21 2140667 8667 30 11436 2132000 2143436
25 31-Dec-21 2132000 8667 31 11770 2123333 2135103
26 31-Jan-22 2123333 8667 31 11722 2114667 2126389
27 28-Feb-22 2114667 8667 28 10544 2106000 2116544
28 31-Mar-22 2106000 8667 31 11626 2097333 2108960
29 30-Apr-22 2097333 8667 30 11205 2088667 2099872
30 31-May-22 2088667 8667 31 11531 2080000 2091531
31 30-Jun-22 2080000 8667 30 11112 2071333 2082446
32 31-Jul-22 2071333 8667 31 11435 2062667 2074102
33 31-Aug-22 2062667 8667 31 11387 2054000 2065387
34 30-Sep-22 2054000 8667 30 10973 2045333 2056307
35 31-Oct-22 2045333 8667 31 11291 2036667 2047958
36 30-Nov-22 2036667 8667 30 10881 2028000 2038881
37 31-Dec-22 2028000 8667 31 11196 2019333 2030529
38 31-Jan-23 2019333 8667 31 11148 2010667 2021814
39 28-Feb-23 2010667 8667 28 10026 2002000 2012026
40 31-Mar-23 2002000 8667 31 11052 1993333 2004385
41 30-Apr-23 1993333 8667 30 10649 1984667 1995316
42 31-May-23 1984667 8667 31 10956 1976000 1986956
43 30-Jun-23 1976000 8667 30 10557 1967333 1977890
44 31-Jul-23 1967333 8667 31 10861 1958667 1969527
45 31-Aug-23 1958667 8667 31 10813 1950000 1960813
46 30-Sep-23 1950000 8667 30 10418 1941333 1951751
47 31-Oct-23 1941333 8667 31 10717 1932667 1943384
48 30-Nov-23 1932667 8667 30 10325 1924000 1934325
49 31-Dec-23 1924000 8667 31 10622 1915333 1925955
50 31-Jan-24 1915333 8667 31 10574 1906667 1917240
51 29-Feb-24 1906667 8667 29 9847 1898000 1907847
52 31-Mar-24 1898000 8667 31 10478 1889333 1899811
53 30-Apr-24 1889333 8667 30 10094 1880667 1890760
54 31-May-24 1880667 8667 31 10382 1872000 1882382
55 30-Jun-24 1872000 8667 30 10001 1863333 1873334
56 31-Jul-24 1863333 8667 31 10287 1854667 1864953
57 31-Aug-24 1854667 8667 31 10239 1846000 1856239
58 30-Sep-24 1846000 8667 30 9862 1837333 1847196
59 31-Oct-24 1837333 8667 31 10143 1828667 1838810
60 30-Nov-24 1828667 8667 30 9770 1820000 1829770
61 31-Dec-24 1820000 8667 31 10047 1811333 1821381
62 31-Jan-25 1811333 8667 31 10000 1802667 1812666
63 28-Feb-25 1802667 8667 28 8989 1794000 1802989
64 31-Mar-25 1794000 8667 31 9904 1785333 1795237
65 30-Apr-25 1785333 8667 30 9538 1776667 1786205
66 31-May-25 1776667 8667 31 9808 1768000 1777808
67 30-Jun-25 1768000 8667 30 9445 1759333 1768779
68 31-Jul-25 1759333 8667 31 9712 1750667 1760379
 69 31-Aug-25 1750667 8667 31 9665 1742000 1751665
70 30-Sep-25 1742000 8667 30 9307 1733333 1742640
71 31-Oct-25 1733333 8667 31 9569 1724667 1734236
72 30-Nov-25 1724667 8667 30 9214 1716000 1725214
73 31-Dec-25 1716000 8667 31 9473 1707333 1716807
74 31-Jan-26 1707333 8667 31 9425 1698667 1708092
75 28-Feb-26 1698667 8667 28 8470 1690000 1698470
76 31-Mar-26 1690000 8667 31 9330 1681333 1690663
77 30-Apr-26 1681333 8667 30 8982 1672667 1681649
78 31-May-26 1672667 8667 31 9234 1664000 1673234
79 30-Jun-26 1664000 8667 30 8890 1655333 1664223
80 31-Jul-26 1655333 8667 31 9138 1646667 1655805
81 31-Aug-26 1646667 8667 31 9091 1638000 1647091
82 30-Sep-26 1638000 8667 30 8751 1629333 1638084
83 31-Oct-26 1629333 8667 31 8995 1620667 1629661
84 30-Nov-26 1620667 8667 30 8658 1612000 1620658
85 31-Dec-26 1612000 8667 31 8899 1603333 1612232
86 31-Jan-27 1603333 8667 31 8851 1594667 1603518
87 28-Feb-27 1594667 8667 28 7951 1586000 1593951
88 31-Mar-27 1586000 8667 31 8756 1577333 1586089
89 30-Apr-27 1577333 8667 30 8427 1568667 1577094
90 31-May-27 1568667 8667 31 8660 1560000 1568660
91 30-Jun-27 1560000 8667 30 8334 1551333 1559668
92 31-Jul-27 1551333 8667 31 8564 1542667 1551231
93 31-Aug-27 1542667 8667 31 8516 1534000 1542516
94 30-Sep-27 1534000 8667 30 8195 1525333 1533529
95 31-Oct-27 1525333 8667 31 8421 1516667 1525087
96 30-Nov-27 1516667 8667 30 8103 1508000 1516103
97 31-Dec-27 1508000 8667 31 8325 1499333 1507658
98 31-Jan-28 1499333 8667 31 8277 1490667 1498944
99 29-Feb-28 1490667 8667 29 7698 1482000 1489698
100 31-Mar-28 1482000 8667 31 8181 1473333 1481515
101 30-Apr-28 1473333 8667 30 7871 1464667 1472538
102 31-May-28 1464667 8667 31 8086 1456000 1464086
103 30-Jun-28 1456000 8667 30 7779 1447333 1455112
104 31-Jul-28 1447333 8667 31 7990 1438667 1446657
105 31-Aug-28 1438667 8667 31 7942 1430000 1437942
106 30-Sep-28 1430000 8667 30 7640 1421333 1428973
107 31-Oct-28 1421333 8667 31 7847 1412667 1420513
108 30-Nov-28 1412667 8667 30 7547 1404000 1411547
109 31-Dec-28 1404000 8667 31 7751 1395333 1403084
110 31-Jan-29 1395333 8667 31 7703 1386667 1394370
111 28-Feb-29 1386667 8667 28 6914 1378000 1384914
112 31-Mar-29 1378000 8667 31 7607 1369333 1376941
113 30-Apr-29 1369333 8667 30 7316 1360667 1367982
114 31-May-29 1360667 8667 31 7512 1352000 1359512
115 30-Jun-29 1352000 8667 30 7223 1343333 1350556
116 31-Jul-29 1343333 8667 31 7416 1334667 1342083
117 31-Aug-29 1334667 8667 31 7368 1326000 1333368
118 30-Sep-29 1326000 8667 30 7084 1317333 1324417
119 31-Oct-29 1317333 8667 31 7272 1308667 1315939
120 30-Nov-29 1308667 8667 30 6992 1300000 1306992
121 31-Dec-29 1300000 8667 31 7177 1291333 1298510
122 31-Jan-30 1291333 8667 31 7129 1282667 1289796
123 28-Feb-30 1282667 8667 28 6396 1274000 1280396
124 31-Mar-30 1274000 8667 31 7033 1265333 1272367
125 30-Apr-30 1265333 8667 30 6760 1256667 1263427
126 31-May-30 1256667 8667 31 6937 1248000 1254937
127 30-Jun-30 1248000 8667 30 6667 1239333 1246001
128 31-Jul-30 1239333 8667 31 6842 1230667 1237508
129 31-Aug-30 1230667 8667 31 6794 1222000 1228794
130 30-Sep-30 1222000 8667 30 6528 1213333 1219862
131 31-Oct-30 1213333 8667 31 6698 1204667 1211365
132 30-Nov-30 1204667 8667 30 6436 1196000 1202436
133 31-Dec-30 1196000 8667 31 6603 1187333 1193936
134 31-Jan-31 1187333 8667 31 6555 1178667 1185221
135 28-Feb-31 1178667 8667 28 5877 1170000 1175877
136 31-Mar-31 1170000 8667 31 6459 1161333 1167792
137 30-Apr-31 1161333 8667 30 6204 1152667 1158871
138 31-May-31 1152667 8667 31 6363 1144000 1150363
139 30-Jun-31 1144000 8667 30 6112 1135333 1141445
140 31-Jul-31 1135333 8667 31 6268 1126667 1132934
141 31-Aug-31 1126667 8667 31 6220 1118000 1124220
142 30-Sep-31 1118000 8667 30 5973 1109333 1115306
143 31-Oct-31 1109333 8667 31 6124 1100667 1106791
144 30-Nov-31 1100667 8667 30 5880 1092000 1097880
145 31-Dec-31 1092000 8667 31 6028 1083333 1089362
146 31-Jan-32 1083333 8667 31 5981 1074667 1080647
147 29-Feb-32 1074667 8667 29 5550 1066000 1071550
148 31-Mar-32 1066000 8667 31 5885 1057333 1063218
149 30-Apr-32 1057333 8667 30 5649 1048667 1054315
150 31-May-32 1048667 8667 31 5789 1040000 1045789
151 30-Jun-32 1040000 8667 30 5556 1031333 1036889
152 31-Jul-32 1031333 8667 31 5694 1022667 1028360
153 31-Aug-32 1022667 8667 31 5646 1014000 1019646
154 30-Sep-32 1014000 8667 30 5417 1005333 1010751
155 31-Oct-32 1005333 8667 31 5550 996667 1002217
156 30-Nov-32 996667 8667 30 5325 988000 993325
157 31-Dec-32 988000 8667 31 5454 979333 984788
158 31-Jan-33 979333 8667 31 5406 970667 976073
159 28-Feb-33 970667 8667 28 4840 962000 966840
160 31-Mar-33 962000 8667 31 5311 953333 958644
161 30-Apr-33 953333 8667 30 5093 944667 949760
162 31-May-33 944667 8667 31 5215 936000 941215
163 30-Jun-33 936000 8667 30 5001 927333 932334
164 31-Jul-33 927333 8667 31 5119 918667 923786
165 31-Aug-33 918667 8667 31 5072 910000 915072
166 30-Sep-33 910000 8667 30 4862 901333 906195
167 31-Oct-33 901333 8667 31 4976 892667 897643
168 30-Nov-33 892667 8667 30 4769 884000 888769
169 31-Dec-33 884000 8667 31 4880 875333 880213
170 31-Jan-34 875333 8667 31 4832 866667 871499
171 28-Feb-34 866667 8667 28 4321 858000 862321
172 31-Mar-34 858000 8667 31 4737 849333 854070
173 30-Apr-34 849333 8667 30 4538 840667 845204
174 31-May-34 840667 8667 31 4641 832000 836641
175 30-Jun-34 832000 8667 30 4445 823333 827778
176 31-Jul-34 823333 8667 31 4545 814667 819212
177 31-Aug-34 814667 8667 31 4497 806000 810497
178 30-Sep-34 806000 8667 30 4306 797333 801639
179 31-Oct-34 797333 8667 31 4402 788667 793068
180 30-Nov-34 788667 8667 30 4213 780000 784213
181 31-Dec-34 780000 8667 31 4306 771333 775639
182 31-Jan-35 771333 8667 31 4258 762667 766925
183 28-Feb-35 762667 8667 28 3803 754000 757803
184 31-Mar-35 754000 8667 31 4162 745333 749496
185 30-Apr-35 745333 8667 30 3982 736667 740649
186 31-May-35 736667 8667 31 4067 728000 732067
187 30-Jun-35 728000 8667 30 3889 719333 723223
188 31-Jul-35 719333 8667 31 3971 710667 714638
189 31-Aug-35 710667 8667 31 3923 702000 705923
190 30-Sep-35 702000 8667 30 3750 693333 697084
191 31-Oct-35 693333 8667 31 3828 684667 688494
192 30-Nov-35 684667 8667 30 3658 676000 679658
193 31-Dec-35 676000 8667 31 3732 667333 671065
194 31-Jan-36 667333 8667 31 3684 658667 662351
195 29-Feb-36 658667 8667 29 3402 650000 653402
196 31-Mar-36 650000 8667 31 3588 641333 644922
197 30-Apr-36 641333 8667 30 3426 632667 636093
198 31-May-36 632667 8667 31 3493 624000 627493
199 30-Jun-36 624000 8667 30 3334 615333 618667
200 31-Jul-36 615333 8667 31 3397 606667 610064
201 31-Aug-36 606667 8667 31 3349 598000 601349
202 30-Sep-36 598000 8667 30 3195 589333 592528
203 31-Oct-36 589333 8667 31 3253 580667 583920
204 30-Nov-36 580667 8667 30 3102 572000 575102
205 31-Dec-36 572000 8667 31 3158 563333 566491
206 31-Jan-37 563333 8667 31 3110 554667 557777
207 28-Feb-37 554667 8667 28 2766 546000 548766
208 31-Mar-37 546000 8667 31 3014 537333 540348
209 30-Apr-37 537333 8667 30 2871 528667 531537
210 31-May-37 528667 8667 31 2919 520000 522919
211 30-Jun-37 520000 8667 30 2778 511333 514111
212 31-Jul-37 511333 8667 31 2823 502667 505490
213 31-Aug-37 502667 8667 31 2775 494000 496775
214 30-Sep-37 494000 8667 30 2639 485333 487973
215 31-Oct-37 485333 8667 31 2679 476667 479346
216 30-Nov-37 476667 8667 30 2547 468000 470547
217 31-Dec-37 468000 8667 31 2584 459333 461917
218 31-Jan-38 459333 8667 31 2536 450667 453202
219 28-Feb-38 450667 8667 28 2247 442000 444247
220 31-Mar-38 442000 8667 31 2440 433333 435773
221 30-Apr-38 433333 8667 30 2315 424667 426982
222 31-May-38 424667 8667 31 2344 416000 418344
223 30-Jun-38 416000 8667 30 2222 407333 409556
224 31-Jul-38 407333 8667 31 2249 398667 400915
225 31-Aug-38 398667 8667 31 2201 390000 392201
226 30-Sep-38 390000 8667 30 2084 381333 383417
227 31-Oct-38 381333 8667 31 2105 372667 374772
228 30-Nov-38 372667 8667 30 1991 364000 365991
229 31-Dec-38 364000 8667 31 2009 355333 357343
230 31-Jan-39 355333 8667 31 1962 346667 348628
231 28-Feb-39 346667 8667 28 1729 338000 339729
232 31-Mar-39 338000 8667 31 1866 329333 331199
233 30-Apr-39 329333 8667 30 1759 320667 322426
234 31-May-39 320667 8667 31 1770 312000 313770
235 30-Jun-39 312000 8667 30 1667 303333 305000
236 31-Jul-39 303333 8667 31 1675 294667 296341
237 31-Aug-39 294667 8667 31 1627 286000 287627
238 30-Sep-39 286000 8667 30 1528 277333 278861
239 31-Oct-39 277333 8667 31 1531 268667 270198
240 30-Nov-39 268667 8667 30 1435 260000 261435
241 31-Dec-39 260000 8667 31 1435 251333 252769
242 31-Jan-40 251333 8667 31 1387 242667 244054
243 29-Feb-40 242667 8667 29 1253 234000 235253
244 31-Mar-40 234000 8667 31 1292 225333 226625
245 30-Apr-40 225333 8667 30 1204 216667 217871
246 31-May-40 216667 8667 31 1196 208000 209196
247 30-Jun-40 208000 8667 30 1111 199333 200445
248 31-Jul-40 199333 8667 31 1100 190667 191767
249 31-Aug-40 190667 8667 31 1053 182000 183053
250 30-Sep-40 182000 8667 30 972 173333 174306
251 31-Oct-40 173333 8667 31 957 164667 165624
252 30-Nov-40 164667 8667 30 880 156000 156880
253 31-Dec-40 156000 8667 31 861 147333 148195
254 31-Jan-41 147333 8667 31 813 138667 139480
255 28-Feb-41 138667 8667 28 691 130000 130691
256 31-Mar-41 130000 8667 31 718 121333 122051
257 30-Apr-41 121333 8667 30 648 112667 113315
258 31-May-41 112667 8667 31 622 104000 104622
259 30-Jun-41 104000 8667 30 556 95333 95889
260 31-Jul-41 95333 8667 31 526 86667 87193
261 31-Aug-41 86667 8667 31 478 78000 78478
262 30-Sep-41 78000 8667 30 417 69333 69750
263 31-Oct-41 69333 8667 31 383 60667 61049
264 30-Nov-41 60667 8667 30 324 52000 52324
265 31-Dec-41 52000 8667 31 287 43333 43620
266 31-Jan-42 43333 8667 31 239 34667 34906
267 28-Feb-42 34667 8667 28 173 26000 26173
268 31-Mar-42 26000 8667 31 144 17333 17477
269 30-Apr-42 17333 8667 30 93 8667 8759
270 31-May-42 8667 8667 31 48 0 48
 Total (Fig in Rs) 2340000 1706244 4046244
Total (Fig in Lakh) 23.40 17.06 40.46

Interest Monthly Installment (Approximate Figures)

Installmen EMI Closing Balance of

t Number Date of EMI Opening Intt Part (Interest Part) Interest
271 30-Jun-42 1706244 18958 1687286
272 31-Jul-42 1687286 18958 1668328
273 31-Aug-42 1668328 18958 1649369
274 30-Sep-42 1649369 18958 1630411
275 31-Oct-42 1630411 18958 1611453
276 30-Nov-42 1611453 18958 1592494
277 31-Dec-42 1592494 18958 1573536
278 31-Jan-43 1573536 18958 1554578
279 28-Feb-43 1554578 18958 1535620
280 31-Mar-43 1535620 18958 1516661
281 30-Apr-43 1516661 18958 1497703
282 31-May-43 1497703 18958 1478745
283 30-Jun-43 1478745 18958 1459787
284 31-Jul-43 1459787 18958 1440828
285 31-Aug-43 1440828 18958 1421870
286 30-Sep-43 1421870 18958 1402912
287 31-Oct-43 1402912 18958 1383954
288 30-Nov-43 1383954 18958 1364995
289 31-Dec-43 1364995 18958 1346037
290 31-Jan-44 1346037 18958 1327079
291 29-Feb-44 1327079 18958 1308120
292 31-Mar-44 1308120 18958 1289162
293 30-Apr-44 1289162 18958 1270204
294 31-May-44 1270204 18958 1251246
295 30-Jun-44 1251246 18958 1232287
296 31-Jul-44 1232287 18958 1213329
297 31-Aug-44 1213329 18958 1194371
298 30-Sep-44 1194371 18958 1175413
299 31-Oct-44 1175413 18958 1156454
300 30-Nov-44 1156454 18958 1137496
301 31-Dec-44 1137496 18958 1118538
302 31-Jan-45 1118538 18958 1099580
303 28-Feb-45 1099580 18958 1080621
304 31-Mar-45 1080621 18958 1061663
305 30-Apr-45 1061663 18958 1042705
306 31-May-45 1042705 18958 1023746
307 30-Jun-45 1023746 18958 1004788
308 31-Jul-45 1004788 18958 985830
309 31-Aug-45 985830 18958 966872
310 30-Sep-45 966872 18958 947913
311 31-Oct-45 947913 18958 928955
312 30-Nov-45 928955 18958 909997
313 31-Dec-45 909997 18958 891039
314 31-Jan-46 891039 18958 872080
315 28-Feb-46 872080 18958 853122
316 31-Mar-46 853122 18958 834164
317 30-Apr-46 834164 18958 815205
318 31-May-46 815205 18958 796247
319 30-Jun-46 796247 18958 777289
320 31-Jul-46 777289 18958 758331
321 31-Aug-46 758331 18958 739372
322 30-Sep-46 739372 18958 720414
323 31-Oct-46 720414 18958 701456
324 30-Nov-46 701456 18958 682498
325 31-Dec-46 682498 18958 663539
326 31-Jan-47 663539 18958 644581
327 28-Feb-47 644581 18958 625623
328 31-Mar-47 625623 18958 606665
329 30-Apr-47 606665 18958 587706
330 31-May-47 587706 18958 568748
331 30-Jun-47 568748 18958 549790
332 31-Jul-47 549790 18958 530831
333 31-Aug-47 530831 18958 511873
334 30-Sep-47 511873 18958 492915
335 31-Oct-47 492915 18958 473957
336 30-Nov-47 473957 18958 454998
337 31-Dec-47 454998 18958 436040
338 31-Jan-48 436040 18958 417082
339 29-Feb-48 417082 18958 398124
340 31-Mar-48 398124 18958 379165
341 30-Apr-48 379165 18958 360207
342 31-May-48 360207 18958 341249
343 30-Jun-48 341249 18958 322291
344 31-Jul-48 322291 18958 303332
345 31-Aug-48 303332 18958 284374
346 30-Sep-48 284374 18958 265416
347 31-Oct-48 265416 18958 246457
348 30-Nov-48 246457 18958 227499
349 31-Dec-48 227499 18958 208541
350 31-Jan-49 208541 18958 189583
351 28-Feb-49 189583 18958 170624
352 31-Mar-49 170624 18958 151666
353 30-Apr-49 151666 18958 132708
354 31-May-49 132708 18958 113750
355 30-Jun-49 113750 18958 94791
356 31-Jul-49 94791 18958 75833
357 31-Aug-49 75833 18958 56875
358 30-Sep-49 56875 18958 37917
359 31-Oct-49 37917 18958 18958
360 30-Nov-49 18958 18958 0
Total Interest 1706244

Designed and Developed By:

Ajay Kumar Verma, Manager, CTMU, BOB, HO, Vadodara

Disclaimer: This may used to derive your loan eligibility and Amortization Schedule with more advance features.
Figures of Amortization schedule are only indicative, which may differ in Finacle.
For more information, please refer bank’s latest circulars, guidelines and Book of Instructions.
 Addiitional Staff Housing Loan for Repairs, Maintenance, Enlargement, Renovations
Designed and Developed By: Ajay Kumar Verma, Manager, CTMU, BOB, HO, Vadodara
Enter your details in Green Field only Calcuation- Loan Limit
Name (Mr./ Mrs./ Ms) Age (In Years) 31
Enter Your Date of Birth 19-Sep-88 dd-mmm-yyyyy Max Decduction (Upto 60% of Gross Salary Allowed) 28200
Scale / Grade Officers Max Amount Available for EMI 23200
Availed Housing Loan Amount 2340000 1) 75 % Estmiated cost 1125000
Gross Monthly Salary (Rs) 47000 2) Max Prescribed Limit by Bank 1000000
Total Monthly Deduction (Rs) 5000 3) As per deductions 60% 2088000
Estimated cost of Repair 1500000 Eligible Amount of Loan (Whichever is lower) 1000000
Loan Requirement (Rs) 1000000 Total Repayment Period (Months) 120
1st Disbursement Date 30-Dec-19 dd-mmm-yyyyy Principle to be recovered in Months 90
Moratorium Period (In Months) 0 Interest to be recovered in Months 30

Note: -There is comment in each cell for filling details.

Result Eligible Amount of Loan (Rs) 1000000

Total Repayment Total (Fig in Rs) EMI (Rs) Starting Date of EMI Applicable ROI
Principal Amount 1000000 11111 31-Dec-19 6.50%
Interest Amount 243082 8103 30-Jun-27
Total Amount 1243082 Scroll down for more details / Amortization Schedule

Amortization Schedule
Principal Monthly Installment
Sr. No. Date of EMI O/s Amount Principal EMI Interest Principal Balance O/s in Fincale
1 12/31/2019 1000000 11111 5342 994231 994231
2 1/31/2020 988889 11111 5283 983061 988403
3 2/29/2020 977778 11111 5224 971890 982516
4 3/31/2020 966667 11111 5164 960720 976569
5 4/30/2020 955556 11111 5105 949549 970563
6 5/31/2020 944444 11111 5046 938379 964498
7 6/30/2020 933333 11111 4986 927209 958373
8 7/31/2020 922222 11111 4927 916038 952189
9 8/31/2020 911111 11111 4868 904868 945945
10 9/30/2020 900000 11111 4808 893697 939642
11 10/31/2020 888889 11111 4749 882527 933280
12 11/30/2020 877778 11111 4689 871356 926858
13 12/31/2020 866667 11111 4630 860186 920377
14 1/31/2021 855556 11111 4571 849015 913837
15 2/28/2021 844444 11111 4511 837845 907237
16 3/31/2021 833333 11111 4452 826674 900578
17 4/30/2021 822222 11111 4393 815504 893860
18 5/31/2021 811111 11111 4333 804333 887082
19 6/30/2021 800000 11111 4274 793163 880245
20 7/31/2021 788889 11111 4215 781992 873349
21 8/31/2021 777778 11111 4155 770822 866393
22 9/30/2021 766667 11111 4096 759651 859377
23 10/31/2021 755556 11111 4037 748481 852303
24 11/30/2021 744444 11111 3977 737311 845169
25 12/31/2021 733333 11111 3918 726140 837976
26 1/31/2022 722222 11111 3858 714970 830723
27 2/28/2022 711111 11111 3799 703799 823411
28 3/31/2022 700000 11111 3740 692629 816040
29 4/30/2022 688889 11111 3680 681458 808609
30 5/31/2022 677778 11111 3621 670288 801119
31 6/30/2022 666667 11111 3562 659117 793569
32 7/31/2022 655556 11111 3502 647947 785960
33 8/31/2022 644444 11111 3443 636776 778292
34 9/30/2022 633333 11111 3384 625606 770565
35 10/31/2022 622222 11111 3324 614435 762778
36 11/30/2022 611111 11111 3265 603265 754932
37 12/31/2022 600000 11111 3205 592094 747026
38 1/31/2023 588889 11111 3146 580924 739061
39 2/28/2023 577778 11111 3087 569753 731037
40 3/31/2023 566667 11111 3027 558583 722953
41 4/30/2023 555556 11111 2968 547412 714810
42 5/31/2023 544444 11111 2909 536242 706607
43 6/30/2023 533333 11111 2849 525072 698346
44 7/31/2023 522222 11111 2790 513901 690024
45 8/31/2023 511111 11111 2731 502731 681644
46 9/30/2023 500000 11111 2671 491560 673204
47 10/31/2023 488889 11111 2612 480390 664705
48 11/30/2023 477778 11111 2553 469219 656146
49 12/31/2023 466667 11111 2493 458049 647528
50 1/31/2024 455556 11111 2434 446878 638851
51 2/29/2024 444444 11111 2374 435708 630114
52 3/31/2024 433333 11111 2315 424537 621318
53 4/30/2024 422222 11111 2256 413367 612463
54 5/31/2024 411111 11111 2196 402196 603548
55 6/30/2024 400000 11111 2137 391026 594574
56 7/31/2024 388889 11111 2078 379855 585540
57 8/31/2024 377778 11111 2018 368685 576447
58 9/30/2024 366667 11111 1959 357514 567295
 59 10/31/2024 355556 11111 1900 346344 558084
60 11/30/2024 344444 11111 1840 335174 548813
61 12/31/2024 333333 11111 1781 324003 539482
62 1/31/2025 322222 11111 1721 312833 530093
63 2/28/2025 311111 11111 1662 301662 520644
64 3/31/2025 300000 11111 1603 290492 511135
65 4/30/2025 288889 11111 1543 279321 501568
66 5/31/2025 277778 11111 1484 268151 491941
67 6/30/2025 266667 11111 1425 256980 482254
68 7/31/2025 255556 11111 1365 245810 472508
69 8/31/2025 244444 11111 1306 234639 462703
70 9/30/2025 233333 11111 1247 223469 452839
71 10/31/2025 222222 11111 1187 212298 442915
72 11/30/2025 211111 11111 1128 201128 432932
73 12/31/2025 200000 11111 1068 189957 422889
74 1/31/2026 188889 11111 1009 178787 412787
75 2/28/2026 177778 11111 950 167616 402626
76 3/31/2026 166667 11111 890 156446 392405
77 4/30/2026 155556 11111 831 145275 382125
78 5/31/2026 144444 11111 772 134105 371785
79 6/30/2026 133333 11111 712 122935 361387
80 7/31/2026 122222 11111 653 111764 350928
81 8/31/2026 111111 11111 594 100594 340411
82 9/30/2026 100000 11111 534 89423 329834
83 10/31/2026 88889 11111 475 78253 319198
84 11/30/2026 77778 11111 416 67082 308502
85 12/31/2026 66667 11111 356 55912 297747
86 1/31/2027 55556 11111 297 44741 286933
87 2/28/2027 44444 11111 237 33571 276059
88 3/31/2027 33333 11111 178 22400 265126
89 4/30/2027 22222 11111 119 11230 254134
90 5/31/2027 11111 11111 59 59 243082

Total (Fig in Rs) 1000000 243082 1243082

Total (Fig in Lakh) 10.00 2.43 12.43

Interest Monthly Installment

Interest EMI Balance Interest EMI
91 6/30/2027 243082 8103 234979
92 7/31/2027 234979 8103 226877
93 8/31/2027 226877 8103 218774
94 9/30/2027 218774 8103 210671
95 10/31/2027 210671 8103 202568
96 11/30/2027 202568 8103 194466
97 12/31/2027 194466 8103 186363
98 1/31/2028 186363 8103 178260
99 2/29/2028 178260 8103 170158
100 3/31/2028 170158 8103 162055
101 4/30/2028 162055 8103 153952
102 5/31/2028 153952 8103 145849
103 6/30/2028 145849 8103 137747
104 7/31/2028 137747 8103 129644
105 8/31/2028 129644 8103 121541
106 9/30/2028 121541 8103 113438
107 10/31/2028 113438 8103 105336
108 11/30/2028 105336 8103 97233
109 12/31/2028 97233 8103 89130
110 1/31/2029 89130 8103 81027
111 2/28/2029 81027 8103 72925
112 3/31/2029 72925 8103 64822
113 4/30/2029 64822 8103 56719
114 5/31/2029 56719 8103 48616
115 6/30/2029 48616 8103 40514
116 7/31/2029 40514 8103 32411
117 8/31/2029 32411 8103 24308
118 9/30/2029 24308 8103 16205
119 10/31/2029 16205 8103 8103
120 11/30/2029 8103 8103 0

Total 243082

Designed and Developed By:

Ajay Kumar Verma, Manager, CTMU, BOB, HO, Vadodara

Disclaimer: This may used to derive your loan eligibility and Amortization Schedule with more advance features.
Figures of Amortization schedule are only indicative, which may differ in Finacle.
For more information, please refer bank’s latest circulars, guidelines and Book of Instructions.
 Utility/ Calc for following
Sheet 1 Staff Housing Loan Calc
Sheet 2 Repair & Maintenance

You can change/ customise by filling following few Inputs-

Input- To be filled
1 Name (Mr./ Mrs./ Ms) Housing Loan
2 Enter Your Date of Birth Repair & Maintenance
3 Scale / Garde
4 Have you availed Housing Loan Earlier
5 If Yes, Availed Housing Loan Amount
6 Gross Monthly Salary (Rs)
7 Total Monthly Deduction (Rs)
8 Cost of House (Rs)
9 Loan Requirement (Rs)
10 1st Disbursement Date
11 Moratorium Period (In Months)
12 Group Cerdit Life Insurance Premium
Input- Also to be filled in Sheet of Repair & Maintenance
9 Estimated cost of Repair
10 Total Housing Loan Availed Amount

For More Customisation

1 EMI (Principal Part)- Amount of EMI (For Pre-closure of Loan)
2 Interest EMI
3 Date of EMI
4 Total Repayment Period (Months)
5 Tax Benefit on Home Loan (Date Range)

Note:- If your age is more than 40 Years then your repayment will be less than 30 Years (360 Months), in that case "Principal
Table of "Principal Monthly Installment"- If Principal Value become Zero -0- then after you can delete extra row to cus
Table of "Interest Monthly Installment"- If Interest Value become Zero -0- then after you can delete extra row to custo
 Designed and Developed By:
Ajay Kumar Verma, Manager, CTMU, BOB, HO, Vadodara
 Min Margin Stipulated
Housing Loan 10% of cost of House
Repair & Maintenance 25 % of estmiated cost

ths), in that case "Principal Monthly Installment" and "Interest Monthly Installment" will be less than Max Allowed Repayment Period i.e. 2
u can delete extra row to customised your sheet as per your requirement.
an delete extra row to customised your sheet as per your requirement.
d Repayment Period i.e. 270+90 = 360 Months