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GST

Payoff schedule

Loan Amortization

Year-by-year split of every rupee into principal and interest, plus remaining balance.

Formula

Each month: interest = outstanding × monthly rate; principal = EMI − interest.

About this calculator

The amortization table is the honest picture of a loan. In a 20-year home loan at 8.5%, more than half the interest is often paid in the first 8–9 years.