Loan Repayment Schedule

Installment Opening Balance Installment Principal Interest Closing Balance

1 400,000 9,394 7,394 2,000 392,606
2 392,606 9,394 7,431 1,963 385,175
3 385,175 9,394 7,468 1,926 377,707
4 377,707 9,394 7,505 1,889 370,201
5 370,201 9,394 7,543 1,851 362,658
6 362,658 9,394 7,581 1,813 355,078
7 355,078 9,394 7,619 1,775 347,459
8 347,459 9,394 7,657 1,737 339,802
9 339,802 9,394 7,695 1,699 332,107
10 332,107 9,394 7,733 1,661 324,374
11 324,374 9,394 7,772 1,622 316,602
12 316,602 9,394 7,811 1,583 308,791
13 308,791 9,394 7,850 1,544 300,941
14 300,941 9,394 7,889 1,505 293,051
15 293,051 9,394 7,929 1,465 285,123
16 285,123 9,394 7,968 1,426 277,154
17 277,154 9,394 8,008 1,386 269,146
18 269,146 9,394 8,048 1,346 261,098
19 261,098 9,394 8,089 1,305 253,009
20 253,009 9,394 8,129 1,265 244,880
21 244,880 9,394 8,170 1,224 236,711
22 236,711 9,394 8,210 1,184 228,500
23 228,500 9,394 8,252 1,143 220,249
24 220,249 9,394 8,293 1,101 211,956
25 211,956 9,394 8,334 1,060 203,622
26 203,622 9,394 8,376 1,018 195,246
27 195,246 9,394 8,418 976 186,828
28 186,828 9,394 8,460 934 178,368
29 178,368 9,394 8,502 892 169,866
30 169,866 9,394 8,545 849 161,321
31 161,321 9,394 8,587 807 152,734
32 152,734 9,394 8,630 764 144,103
33 144,103 9,394 8,673 721 135,430
34 135,430 9,394 8,717 677 126,713
35 126,713 9,394 8,760 634 117,953
36 117,953 9,394 8,804 590 109,148
37 109,148 9,394 8,848 546 100,300
38 100,300 9,394 8,893 502 91,408
39 91,408 9,394 8,937 457 82,471
40 82,471 9,394 8,982 412 73,489
41 73,489 9,394 9,027 367 64,462
42 64,462 9,394 9,072 322 55,391
43 55,391 9,394 9,117 277 46,274
44 46,274 9,394 9,163 231 37,111
45 37,111 9,394 9,208 186 27,903
Installment Opening Balance Installment Principal Interest Closing Balance
46 27,903 9,394 9,254 140 18,648
47 18,648 9,394 9,301 93 9,347
48 9,347 9,394 9,347 47 0
Total 450,913 400,000 50,913
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and estimation. Any of these calculators should not be used or annexed with the loan application to be submitted to
the concerned bank. Although, due care has been made to structure these calculators for the benefit of prospective
users; however, the practical results of a particular calculation may substantially vary in a particular case. The
information has been provided on as is where is basis without any warranties or assertions as to the correctness or
soundness thereof. SMEDA, its employees or agents do not assume any liability for any financial or other loss
resulting from using these calculators. The prospective user of this calculator is encouraged to take professional
advice from a qualified financial consultant before taking any decision to act upon the information.