Loan Amount

Loan Duration
Interest Rate
Advance EMI

600000.00
5 Years
8.00%
Yes
Yes

(Select 1 to 6 Years)
(Select Yes/No)

Total:

725116.09

600000.00

125116.09

EMI No.

EMI Amount

Principal

Interest

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

12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27

12085.27
8165.84
8220.28
8275.08
8330.24
8385.78
8441.68
8497.96
8554.62
8611.65
8669.06
8726.85
8785.03
8843.60
8902.55
8961.90
9021.65
9081.80
9142.34
9203.29
9264.64
9326.41
9388.58
9451.18
9514.18
9577.61
9641.46
9705.74
9770.44
9835.58
9901.15
9967.16
10033.61
10100.50
10167.83
10235.62
10303.86
10372.55
10441.70
10511.31
10581.39
10651.93

0.00
3919.43
3864.99
3810.19
3755.02
3699.49
3643.58
3587.31
3530.65
3473.62
3416.21
3358.42
3300.24
3241.67
3182.71
3123.36
3063.62
3003.47
2942.93
2881.98
2820.62
2758.86
2696.68
2634.09
2571.08
2507.66
2443.81
2379.53
2314.82
2249.69
2184.12
2118.11
2051.66
1984.77
1917.44
1849.65
1781.41
1712.72
1643.57
1573.96
1503.88
1433.34

43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
0
0
0
0
0
0
0
0
0
0
0
0

12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
12085.27
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

10722.94
10794.43
10866.39
10938.83
11011.76
11085.17
11159.07
11233.46
11308.35
11383.74
11459.63
11536.03
11612.94
11690.36
11768.29
11846.75
11925.73
12005.23
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

1362.33
1290.84
1218.88
1146.44
1073.51
1000.10
926.20
851.80
776.91
701.52
625.63
549.24
472.33
394.91
316.97
238.52
159.54
80.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

JIGNESH.PARMAR
www.electricalnotes.wordpress.com
jiguparmar@yahoo.com

Equivalent simple interest rate

Outstanding Principal
587914.73
579748.90
571528.62
563253.54
554923.30
546537.52
538095.83
529597.87
521043.26
512431.61
503762.55
495035.70
486250.67
477407.07
468504.52
459542.61
450520.96
441439.17
432296.83
423093.54
413828.89
404502.49
395113.90
385662.73
376148.54
366570.93
356929.47
347223.73
337453.29
327617.71
317716.56
307749.40
297715.80
287615.30
277447.47
267211.85
256907.99
246535.44
236093.75
225582.44
215001.05
204349.12

4.17 %

193626.18
182831.75
171965.37
161026.53
150014.77
138929.61
127770.53
116537.07
105228.72
93844.97
82385.34
70849.30
59236.37
47546.01
35777.71
23930.96
12005.23
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

Loan Amount
Loan Duration
Interest Rate
Advance EMI
EMI No.
1
2
3
4
5
6
7
8
9
10
11
12

600,000.00
12
8.00%
Yes
EMI Amount
51,847.41
51,847.41
51,847.41
51,847.41
51,847.41
51,847.41
51,847.41
51,847.41
51,847.41
51,847.41
51,847.41
51,847.41

Principal
51,847.41
48,193.06
48,514.34
48,837.77
49,163.36
49,491.11
49,821.06
50,153.20
50,487.55
50,824.13
51,162.96
51,504.05

Interest
0.00
3,654.35
3,333.06
3,009.63
2,684.05
2,356.29
2,026.35
1,694.21
1,359.86
1,023.27
684.45
343.36

Outstanding Principal
548,152.59
499,959.53
451,445.19
402,607.42
353,444.06
303,952.94
254,131.89
203,978.69
153,491.14
102,667.01
51,504.05
0.00

Totals

622,168.90

600,000.00

Equivalent simple interest rate

22,168.90
3.69 %

Loan Amount
Loan Duration
Interest Rate
Advance EMI
EMI 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

600,000.00
24
8.00%
Yes
EMI Amount
26,956.66
26,956.66
26,956.66
26,956.66
26,956.66
26,956.66
26,956.66
26,956.66
26,956.66
26,956.66
26,956.66
26,956.66
26,956.66
26,956.66
26,956.66
26,956.66
26,956.66
26,956.66
26,956.66
26,956.66
26,956.66
26,956.66
26,956.66
26,956.66

Principal
26,956.66
23,136.37
23,290.62
23,445.89
23,602.19
23,759.54
23,917.94
24,077.39
24,237.91
24,399.49
24,562.16
24,725.90
24,890.74
25,056.68
25,223.73
25,391.89
25,561.16
25,731.57
25,903.12
26,075.80
26,249.64
26,424.64
26,600.80
26,778.14

Interest
0.00
3,820.29
3,666.05
3,510.78
3,354.47
3,197.12
3,038.72
2,879.27
2,718.76
2,557.17
2,394.51
2,230.76
2,065.92
1,899.98
1,732.94
1,564.78
1,395.50
1,225.09
1,053.55
880.86
707.02
532.02
355.86
178.52

Outstanding Principal
573,043.34
549,906.96
526,616.34
503,170.46
479,568.26
455,808.72
431,890.78
407,813.39
383,575.48
359,175.99
334,613.83
309,887.92
284,997.18
259,940.50
234,716.77
209,324.89
183,763.72
158,032.15
132,129.03
106,053.23
79,803.59
53,378.95
26,778.14
(0.00)

Totals

646,959.93

600,000.00

Equivalent simple interest rate

46,959.93
3.91 %

Loan Amount
Loan Duration
Interest Rate
Advance EMI
EMI 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

600,000.00
36
8.00%
Yes
EMI Amount
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30
18,677.30

Principal
18,677.30
14,801.82
14,900.50
14,999.83
15,099.83
15,200.50
15,301.84
15,403.85
15,506.54
15,609.92
15,713.98
15,818.74
15,924.20
16,030.36
16,137.23
16,244.81
16,353.11
16,462.13
16,571.88
16,682.36
16,793.58
16,905.53
17,018.24
17,131.69
17,245.90
17,360.88
17,476.61
17,593.13
17,710.41
17,828.48
17,947.34
18,066.99
18,187.43
18,308.68
18,430.74
18,553.61

Interest
0.00
3,875.48
3,776.81
3,677.47
3,577.47
3,476.80
3,375.47
3,273.46
3,170.76
3,067.39
2,963.32
2,858.56
2,753.10
2,646.94
2,540.07
2,432.49
2,324.19
2,215.17
2,105.42
1,994.94
1,883.73
1,771.77
1,659.07
1,545.61
1,431.40
1,316.43
1,200.69
1,084.18
966.89
848.82
729.97
610.32
489.87
368.62
246.56
123.69

Outstanding Principal
581,322.70
566,520.88
551,620.38
536,620.54
521,520.71
506,320.21
491,018.38
475,614.53
460,107.99
444,498.07
428,784.09
412,965.34
397,041.14
381,010.78
364,873.55
348,628.73
332,275.62
315,813.49
299,241.61
282,559.25
265,765.67
248,860.14
231,841.90
214,710.21
197,464.31
180,103.43
162,626.82
145,033.69
127,323.28
109,494.80
91,547.46
73,480.47
55,293.04
36,984.35
18,553.61
(0.00)

Totals

672,382.94

600,000.00

Equivalent simple interest rate

72,382.94
4.02 %

Loan Amount
Loan Duration
Interest Rate
Advance EMI
EMI 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

600,000.00
48
8.00%
Yes
EMI Amount
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75

Principal
14,550.75
10,647.75
10,718.74
10,790.20
10,862.13
10,934.55
11,007.44
11,080.83
11,154.70
11,229.06
11,303.92
11,379.28
11,455.14
11,531.51
11,608.39
11,685.78
11,763.68
11,842.11
11,921.05
12,000.53
12,080.53
12,161.07
12,242.14
12,323.76
12,405.92
12,488.62
12,571.88
12,655.69
12,740.06
12,825.00
12,910.50
12,996.57
13,083.21
13,170.43
13,258.23
13,346.62
13,435.60
13,525.17
13,615.34
13,706.11

Interest
0.00
3,903.00
3,832.01
3,760.55
3,688.62
3,616.20
3,543.31
3,469.92
3,396.05
3,321.69
3,246.83
3,171.47
3,095.60
3,019.24
2,942.36
2,864.97
2,787.07
2,708.64
2,629.69
2,550.22
2,470.22
2,389.68
2,308.61
2,226.99
2,144.83
2,062.13
1,978.87
1,895.06
1,810.69
1,725.75
1,640.25
1,554.18
1,467.54
1,380.32
1,292.51
1,204.13
1,115.15
1,025.58
935.41
844.64

Outstanding Principal
585,449.25
574,801.50
564,082.76
553,292.56
542,430.43
531,495.89
520,488.44
509,407.62
498,252.92
487,023.86
475,719.94
464,340.65
452,885.51
441,354.00
429,745.61
418,059.83
406,296.15
394,454.04
382,532.99
370,532.46
358,451.93
346,290.86
334,048.71
321,724.96
309,319.04
296,830.42
284,258.54
271,602.85
258,862.79
246,037.79
233,127.29
220,130.73
207,047.52
193,877.09
180,618.85
167,272.23
153,836.63
140,311.46
126,696.12
112,990.01

41
42
43
44
45
46
47
48

Totals

14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75
14,550.75

13,797.48
13,889.46
13,982.06
14,075.28
14,169.11
14,263.57
14,358.66
14,454.39

753.27
661.28
568.69
475.47
381.64
287.18
192.09
96.36

698,435.92

600,000.00

98,435.92

Equivalent simple interest rate

4.10 %

99,192.53
85,303.06
71,321.00
57,245.73
43,076.62
28,813.05
14,454.39
(0.00)

Loan Amount
Loan Duration
Interest Rate
Advance EMI
EMI 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

600,000.00
60
8.00%
Yes
EMI Amount
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27

Principal
12,085.27
8,165.84
8,220.28
8,275.08
8,330.24
8,385.78
8,441.68
8,497.96
8,554.62
8,611.65
8,669.06
8,726.85
8,785.03
8,843.60
8,902.55
8,961.90
9,021.65
9,081.80
9,142.34
9,203.29
9,264.64
9,326.41
9,388.58
9,451.18
9,514.18
9,577.61
9,641.46
9,705.74
9,770.44
9,835.58
9,901.15
9,967.16
10,033.61
10,100.50
10,167.83
10,235.62
10,303.86
10,372.55
10,441.70
10,511.31

Interest
0.00
3,919.43
3,864.99
3,810.19
3,755.02
3,699.49
3,643.58
3,587.31
3,530.65
3,473.62
3,416.21
3,358.42
3,300.24
3,241.67
3,182.71
3,123.36
3,063.62
3,003.47
2,942.93
2,881.98
2,820.62
2,758.86
2,696.68
2,634.09
2,571.08
2,507.66
2,443.81
2,379.53
2,314.82
2,249.69
2,184.12
2,118.11
2,051.66
1,984.77
1,917.44
1,849.65
1,781.41
1,712.72
1,643.57
1,573.96

Outstanding Principal
587,914.73
579,748.90
571,528.62
563,253.54
554,923.30
546,537.52
538,095.83
529,597.87
521,043.26
512,431.61
503,762.55
495,035.70
486,250.67
477,407.07
468,504.52
459,542.61
450,520.96
441,439.17
432,296.83
423,093.54
413,828.89
404,502.49
395,113.90
385,662.73
376,148.54
366,570.93
356,929.47
347,223.73
337,453.29
327,617.71
317,716.56
307,749.40
297,715.80
287,615.30
277,447.47
267,211.85
256,907.99
246,535.44
236,093.75
225,582.44

41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60

Totals

12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27
12,085.27

725,116.09

10,581.39
10,651.93
10,722.94
10,794.43
10,866.39
10,938.83
11,011.76
11,085.17
11,159.07
11,233.46
11,308.35
11,383.74
11,459.63
11,536.03
11,612.94
11,690.36
11,768.29
11,846.75
11,925.73
12,005.23

1,503.88
1,433.34
1,362.33
1,290.84
1,218.88
1,146.44
1,073.51
1,000.10
926.20
851.80
776.91
701.52
625.63
549.24
472.33
394.91
316.97
238.52
159.54
80.03

600,000.00 125,116.09

Equivalent simple interest rate

4.17 %

215,001.05
204,349.12
193,626.18
182,831.75
171,965.37
161,026.53
150,014.77
138,929.61
127,770.53
116,537.07
105,228.72
93,844.97
82,385.34
70,849.30
59,236.37
47,546.01
35,777.71
23,930.96
12,005.23
0.00

Loan Amount
Loan Duration
Interest Rate
Advance EMI
EMI 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

600,000.00
72
8.00%
Yes
EMI Amount
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28

Principal
10,450.28
6,519.94
6,563.41
6,607.17
6,651.21
6,695.56
6,740.19
6,785.13
6,830.36
6,875.90
6,921.74
6,967.88
7,014.33
7,061.10
7,108.17
7,155.56
7,203.26
7,251.28
7,299.63
7,348.29
7,397.28
7,446.59
7,496.24
7,546.21
7,596.52
7,647.16
7,698.15
7,749.47
7,801.13
7,853.14
7,905.49
7,958.19
8,011.25
8,064.66
8,118.42
8,172.54
8,227.03
8,281.87
8,337.09
8,392.67

Interest
0.00
3,930.33
3,886.87
3,843.11
3,799.06
3,754.72
3,710.08
3,665.15
3,619.91
3,574.38
3,528.54
3,482.39
3,435.94
3,389.18
3,342.11
3,294.72
3,247.01
3,198.99
3,150.65
3,101.99
3,053.00
3,003.68
2,954.04
2,904.06
2,853.76
2,803.11
2,752.13
2,700.81
2,649.15
2,597.14
2,544.78
2,492.08
2,439.03
2,385.62
2,331.85
2,277.73
2,223.25
2,168.40
2,113.19
2,057.61

Outstanding Principal
589,549.72
583,029.78
576,466.37
569,859.20
563,207.99
556,512.43
549,772.24
542,987.11
536,156.75
529,280.85
522,359.12
515,391.23
508,376.90
501,315.80
494,207.63
487,052.07
479,848.81
472,597.53
465,297.90
457,949.61
450,552.33
443,105.74
435,609.50
428,063.29
420,466.77
412,819.61
405,121.46
397,371.99
389,570.87
381,717.73
373,812.24
365,854.04
357,842.79
349,778.14
341,659.72
333,487.17
325,260.14
316,978.27
308,641.18
300,248.51

41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
Totals

10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
10,450.28
752,419.86

8,448.62
8,504.94
8,561.64
8,618.72
8,676.18
8,734.02
8,792.25
8,850.86
8,909.87
8,969.27
9,029.06
9,089.26
9,149.85
9,210.85
9,272.25
9,334.07
9,396.30
9,458.94
9,522.00
9,585.48
9,649.38
9,713.71
9,778.47
9,843.66
9,909.28
9,975.35
10,041.85
10,108.79
10,176.19
10,244.03
10,312.32
10,381.07

2,001.66
1,945.33
1,888.63
1,831.56
1,774.10
1,716.26
1,658.03
1,599.41
1,540.41
1,481.01
1,421.21
1,361.02
1,300.43
1,239.43
1,178.02
1,116.21
1,053.98
991.34
928.28
864.80
800.89
736.56
671.81
606.62
540.99
474.93
408.43
341.48
274.09
206.25
137.96
69.21

600,000.00 152,419.86

Equivalent simple interest rate

4.23 %

291,799.89
283,294.95
274,733.31
266,114.59
257,438.41
248,704.39
239,912.14
231,061.28
222,151.41
213,182.15
204,153.08
195,063.83
185,913.98
176,703.13
167,430.87
158,096.80
148,700.51
139,241.57
129,719.57
120,134.09
110,484.71
100,771.00
90,992.53
81,148.87
71,239.59
61,264.24
51,222.39
41,113.60
30,937.42
20,693.39
10,381.07
0.00