Amortization Schedule

Fill in the required fields and know the exact break up of Interest and Principal paid in each EMI on your loan

Loan Amount:
Interest Rate(%):
Term(Months):
 

Result:
Monthly Payment(EMI):

Amortization refers to spreading payments over multiple periods. It is the paying off a loan with a fixed repayment schedule in regular installments over a period of time.

The sheet will show you the exact break up of principal and Interest in each EMI you pay to the bank.



 

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