Reducing-balance EMI with a full month-by-month amortization schedule, processing fee, and prepayment impact — see exactly how much interest you save. Free, instant, nothing sent to a server.
Amortization Schedule (Annual Summary)
Year
Principal Paid
Interest Paid
Outstanding Balance
Methodology: standard reducing-balance EMI — EMI = P×r×(1+r)ⁿ / ((1+r)ⁿ−1), where r is the monthly rate and n is the number of instalments. Every extra prepayment entered is applied directly to principal in the same month, reducing the balance interest is calculated on for every subsequent month — this compounds over the loan's life, which is why even a modest monthly prepayment closes the loan meaningfully earlier. Processing fee is shown as an upfront cost only — it is not added to the interest-bearing principal, matching how most lenders actually charge it.
