Reviewed by Artha Research·Last updated 8 April 2026
Amortization Calculator
See the full year-by-year breakdown of interest, principal, and outstanding balance for any loan.
Loan details
See the full year-by-year split of interest, principal, and outstanding balance.
Amortization EMI
₹43,391
₹43,391 per month
Lifetime interest exceeds the principal. Consider a shorter tenure or partial prepayments.
Stress-test with a 1% rate increase and look at prepayment savings.
Loan principal
₹50L
Total interest
₹54.1L
Total payment
₹1Cr
Interest share
52.0%
Share of your total payment that goes to interest.
Outstanding balance
Year-end principal remaining on the loan.
Interest vs principal per year
Each year's EMI split into interest and principal.
Breakdown
- Year 1₹5.2L5.0%
- Year 2₹5.2L5.0%
- Year 3₹5.2L5.0%
- Year 4₹5.2L5.0%
- Year 5₹5.2L5.0%
- Year 6₹5.2L5.0%
- Year 7₹5.2L5.0%
- Year 8₹5.2L5.0%
- Year 9₹5.2L5.0%
- Year 10₹5.2L5.0%
- Year 11₹5.2L5.0%
- Year 12₹5.2L5.0%
- Year 13₹5.2L5.0%
- Year 14₹5.2L5.0%
- Year 15₹5.2L5.0%
- Year 16₹5.2L5.0%
- Year 17₹5.2L5.0%
- Year 18₹5.2L5.0%
- Year 19₹5.2L5.0%
- Year 20₹5.2L5.0%
You'll pay more in interest than the loan principal
At this rate and tenure, the lifetime interest exceeds the original loan amount. A shorter tenure or partial prepayments can dramatically cut the total cost.
Interest to principal
1.08x
More than half of every EMI is interest
Early-tenure EMIs are interest-heavy. Prepayments made in the first 5-7 years deliver the highest saving.
Interest share of total payment
52.0%
Next best actions
The result hints at what to look at next. Each link carries your current numbers so you never re-enter them.
Can your cash flow actually carry this EMI?
Knowing the EMI is step one — affordability against your budget is step two.
Monthly EMI: ₹43,391
See if prepayment beats investing
On interest-heavy loans, even small prepayments cut lifetime interest meaningfully.
Compare this with another lender
A 25 bps rate difference on a 20-year loan saves lakhs.
At a glance
- What it does
- Shows the year-by-year amortization schedule for any loan: interest paid, principal paid, and outstanding balance for each year of the tenure.
- Early years insight
- In the first 5 years of a 20-year loan at 8.5%, over 60% of each EMI goes to interest — explaining why early prepayments save the most.
- Typical output
- On a ₹50L loan at 8.5% over 20 years: year 1 closing balance ~₹48.8L; year 10 ~₹34.5L; total interest over life ~₹54L.
- Best used for
- Visualizing how EMIs chip away at the principal, and deciding the best year(s) to prepay for maximum interest savings.
How It Works
This is the drill-down layer. The flagship flow leads with a recommendation, and this page lets you inspect the underlying model.
- Each month: interest = outstanding balance × monthly rate; principal = EMI − interest.
- New balance = old balance − principal.
- Yearly rows aggregate the 12 months into opening balance, interest paid, principal paid, and closing balance.
Assumptions
The recommendation stays blunt, but the assumptions remain visible.
- Standard reducing-balance schedule; interest is compounded monthly at the declared annual rate / 12.
- No prepayments, foreclosure, or rate changes are modelled.
- The schedule shows what happens if you pay exactly the EMI every month for the full tenure.
FAQ
The follow-up questions people usually ask after the main recommendation is already clear.
Why does the principal portion grow over time?
In a reducing-balance loan, the interest portion falls as the balance falls. Because the EMI is constant, the principal portion automatically grows to fill the gap.
When is the best time to prepay?
Early — the earlier you prepay, the more future interest you avoid. In the first 5-7 years of a 20-year home loan, principal prepayments deliver the highest interest savings.
Can I see a monthly schedule?
This view rolls the 12 monthly entries into a yearly row for readability. Most borrowers only need the yearly view to plan prepayments — use your bank's schedule for exact monthly amounts.
Sources & references
Every formula and assumption above is grounded in these authoritative sources.
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Keep going from here — each link carries the same cluster context.
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