EMI Calculator For Home Loans

Loan Amount= Rs 5000,000/Load period= 15 yrs
No of installments=150
Interest rate= varying
Installment = Varying
The columns
The columns L and A are filled manually for each month
Inst No
or
Mon. No

Inst No
or
Mon. No

Loan
Amount
L

Int rate

Interest

Installment amt

i

I

A

I=i/12/100*L
1

Aug-11

3500000.00

9.95

29020.83

60078.00

2

Sep-11

3468942.83

9.95

28763.32

60078.00

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

Oct-11
Nov-11
Dec-11
Jan-12
Feb-12
Mar-12
Apr-12
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Jun-13
Jul-13
Aug-13
Sep-13
Oct-13
Nov-13
Dec-13
Jan-14
Feb-14
Mar-14
Apr-14
May-14
Jun-14

3437628.15
3406053.82
3374217.68
3342117.57

9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95

28503.67
28241.86
27977.89
27711.72

60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00

3309751.29
3277116.65
3244211.41
3211033.33
3177580.14
3143849.58
3109839.33
3075547.08
3040970.50
3006107.21
2970954.85
2935511.02
2899773.29
2863739.25
2827406.42
2790772.33
2753834.48
2716590.36
2679037.42
2641173.11
2602994.84
2564500.00
2525685.98
2486550.13
2447089.77
2407302.22
2367184.77
2326734.68
2285949.19

27443.35
27172.76
26899.92
26624.82
26347.44
26067.75
25785.75
25501.41
25214.71
24925.64
24634.17
24340.28
24043.95
23745.17
23443.91
23140.15
22833.88
22525.06
22213.69
21899.73
21583.17
21263.98
20942.15
20617.64
20290.45
19960.55
19627.91
19292.51
18954.33

Pre Payment

36
37
38
39
40
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
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89

Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
Dec-14
Jan-15
Feb-15
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Apr-16
May-16
Jun-16
Jul-16
Aug-16
Sep-16
Oct-16
Nov-16
Dec-16
Jan-17
Feb-17
Mar-17
Apr-17
May-17
Jun-17
Jul-17
Aug-17
Sep-17
Oct-17
Nov-17
Dec-17
Jan-18
Feb-18
Mar-18
Apr-18
May-18
Jun-18
Jul-18
Aug-18
Sep-18
Oct-18
Nov-18
Dec-18

2244825.52
2203360.86
2161552.39
2119397.27
2076892.60
2034035.50
1990823.05
1947252.29
1903320.26
1859023.95
1814360.36
1769326.43
1723919.10
1678135.26
1631971.80
1585425.56
1538493.38
1491172.06
1443458.36
1395349.03
1348061.73
1300340.97
1252182.76
1203583.10
1154537.95
1105043.21
1055094.77
1004688.48
953820.12
902485.47
850680.25
798400.16
745640.83
692397.87
638666.85
584443.29
529722.69
474500.48
418772.07
362532.81
305778.03
248503.00
190702.94
132373.05
73508.47
14104.30
-45844.41
-106342.65
-167395.46
-229007.92
-291185.16
-353932.36
-417254.74
-481157.57

9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
9.95
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00

18613.34
18269.53
17922.87
17573.34
17220.90
16865.54
16507.24
16145.97
15781.70
15414.41
15044.07
14670.66
14294.16
13914.54
13531.77
13145.82
12756.67
12364.30
11968.68
12790.70
12357.23
11919.79
11478.34
11032.85
10583.26
10129.56
9671.70
9209.64
8743.35
8272.78
7797.90
7318.67
6835.04
6346.98
5854.45
5357.40
4855.79
4349.59
3838.74
3323.22
2802.97
2277.94
1748.11
1213.42
673.83
129.29
-420.24
-974.81
-1534.46
-2099.24
-2669.20
-3244.38
-3824.84
-4410.61

60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00

90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143

Jan-19
Feb-19
Mar-19
Apr-19
May-19
Jun-19
Jul-19
Aug-19
Sep-19
Oct-19
Nov-19
Dec-19
Jan-20
Feb-20
Mar-20
Apr-20
May-20
Jun-20
Jul-20
Aug-20
Sep-20
Oct-20
Nov-20
Dec-20
Jan-21
Feb-21
Mar-21
Apr-21
May-21
Jun-21
Jul-21
Aug-21
Sep-21
Oct-21
Nov-21
Dec-21
Jan-22
Feb-22
Mar-22
Apr-22
May-22
Jun-22
Jul-22
Aug-22
Sep-22
Oct-22
Nov-22
Dec-22
Jan-23
Feb-23
Mar-23
Apr-23
May-23
Jun-23

-545646.18
-610725.94
-676402.26
-742680.61
-809566.52
-877065.55
-945183.31
-1013925.49
-1083297.81
-1153306.04
-1223956.01
-1295253.61
-1367204.77
-1439815.48
-1513091.79
-1587039.80
-1661665.66
-1736975.60
-1812975.87
-1889672.82
-1967072.82
-2045182.32
-2124007.82
-2203555.90
-2283833.16
-2364846.30
-2446602.05
-2529107.24
-2612368.72
-2696393.43
-2781188.37
-2866760.60
-2953117.24
-3040265.48
-3128212.58
-3216965.86
-3306532.72
-3396920.60
-3488137.04
-3580189.63
-3673086.03
-3766833.99
-3861441.30
-3956915.85
-4053265.57
-4150498.51
-4248622.75
-4347646.45
-4447577.88
-4548425.34
-4650197.24
-4752902.05
-4856548.32
-4961144.68

11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00

-5001.76
-5598.32
-6200.35
-6807.91
-7421.03
-8039.77
-8664.18
-9294.32
-9930.23
-10571.97
-11219.60
-11873.16
-12532.71
-13198.31
-13870.01
-14547.86
-15231.94
-15922.28
-16618.95
-17322.00
-18031.50
-18747.50
-19470.07
-20199.26
-20935.14
-21677.76
-22427.19
-23183.48
-23946.71
-24716.94
-25494.23
-26278.64
-27070.24
-27869.10
-28675.28
-29488.85
-30309.88
-31138.44
-31974.59
-32818.40
-33669.96
-34529.31
-35396.55
-36271.73
-37154.93
-38046.24
-38945.71
-39853.43
-40769.46
-41693.90
-42626.81
-43568.27
-44518.36
-45477.16

60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00

144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179

Jul-23
Aug-23
Sep-23
Oct-23
Nov-23
Dec-23
Jan-24
Feb-24
Mar-24
Apr-24
May-24
Jun-24
Jul-24
Aug-24
Sep-24
Oct-24
Nov-24
Dec-24
Jan-25
Feb-25
Mar-25
Apr-25
May-25
Jun-25
Jul-25
Aug-25
Sep-25
Oct-25
Nov-25
Dec-25
Jan-26
Feb-26
Mar-26
Apr-26
May-26
Jun-26

-5066699.84
-5173222.59
-5280721.79
-5389206.41
-5498685.47
-5609168.09
-5720663.46
-5833180.88
-5946729.70
-6061319.39
-6176959.48
-6293659.61
-6411429.49
-6530278.93
-6650217.82
-6771256.15
-6893404.00
-7016671.53
-7141069.02
-7266606.82
-7393295.38
-7521145.26
-7650167.09
-7780371.62
-7911769.70
-8044372.25
-8178190.33
-8313235.07
-8449517.73
-8587049.64
-8725842.26
-8865907.15
-9007255.97
-9149900.48
-9293852.57
-9439124.22

11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00
11.00

-46444.75
-47421.21
-48406.62
-49401.06
-50404.62
-51417.37
-52439.42
-53470.82
-54511.69
-55562.09
-56622.13
-57691.88
-58771.44
-59860.89
-60960.33
-62069.85
-63189.54
-64319.49
-65459.80
-66610.56
-67771.87
-68943.83
-70126.53
-71320.07
-72524.56
-73740.08
-74966.74
-76204.65
-77453.91
-78714.62
-79986.89
-81270.82
-82566.51
-83874.09
-85193.65
-86525.31

60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
60078.00
Note the last Inst

Balance to
reduce
RB
RB=A=I
31057.17
31314.68
31574.33
31836.14
32100.11
32366.28
32634.65
32905.24
33178.08
33453.18
33730.56
34010.25
34292.25
34576.59
34863.29
35152.36
35443.83
35737.72
36034.05
36332.83
36634.09
36937.85
37244.12
37552.94
37864.31
38178.27
38494.83
38814.02
39135.85
39460.36
39787.55
40117.45
40450.09
40785.49
41123.67

Balance Loan
LB
LB=L-RB
3468942.83 Value of B8(L) = Value of G7(LB)
3437628.15 Also note that due to balance payment, 12% interest in the first month
3406053.82
3374217.68
3342117.57
3309751.29
3277116.65
3244211.41
3211033.33
3177580.14
3143849.58
3109839.33
3075547.08
3040970.50
3006107.21
2970954.85
2935511.02
2899773.29
2863739.25
2827406.42
2790772.33
2753834.48
2716590.36
2679037.42
2641173.11
2602994.84
2564500.00
2525685.98
2486550.13
2447089.77
2407302.22
2367184.77
2326734.68
2285949.19
2244825.52

41464.66
41808.47
42155.13
42504.66
42857.10
43212.46
43570.76
43932.03
44296.30
44663.59
45033.93
45407.34
45783.84
46163.46
46546.23
46932.18
47321.33
47713.70
48109.32
47287.30
47720.77
48158.21
48599.66
49045.15
49494.74
49948.44
50406.30
50868.36
51334.65
51805.22
52280.10
52759.33
53242.96
53731.02
54223.55
54720.60
55222.21
55728.41
56239.26
56754.78
57275.03
57800.06
58329.89
58864.58
59404.17
59948.71
60498.24
61052.81
61612.46
62177.24
62747.20
63322.38
63902.84
64488.61

2203360.86
2161552.39
2119397.27
2076892.60
2034035.50
1990823.05
1947252.29
1903320.26
1859023.95
1814360.36
1769326.43
1723919.10
1678135.26
1631971.80
1585425.56
1538493.38
1491172.06
1443458.36
1395349.03
1348061.73
1300340.97
1252182.76
1203583.10
1154537.95
1105043.21
1055094.77
1004688.48
953820.12
902485.47
850680.25
798400.16
745640.83
692397.87
638666.85
584443.29
529722.69
474500.48
418772.07
362532.81
305778.03
248503.00
190702.94
132373.05
73508.47
14104.30
-45844.41
-106342.65
-167395.46
-229007.92
-291185.16
-353932.36
-417254.74
-481157.57
-545646.18

65079.76
65676.32
66278.35
66885.91
67499.03
68117.77
68742.18
69372.32
70008.23
70649.97
71297.60
71951.16
72610.71
73276.31
73948.01
74625.86
75309.94
76000.28
76696.95
77400.00
78109.50
78825.50
79548.07
80277.26
81013.14
81755.76
82505.19
83261.48
84024.71
84794.94
85572.23
86356.64
87148.24
87947.10
88753.28
89566.85
90387.88
91216.44
92052.59
92896.40
93747.96
94607.31
95474.55
96349.73
97232.93
98124.24
99023.71
99931.43
100847.46
101771.90
102704.81
103646.27
104596.36
105555.16

-610725.94
-676402.26
-742680.61
-809566.52
-877065.55
-945183.31
-1013925.49
-1083297.81
-1153306.04
-1223956.01
-1295253.61
-1367204.77
-1439815.48
-1513091.79
-1587039.80
-1661665.66
-1736975.60
-1812975.87
-1889672.82
-1967072.82
-2045182.32
-2124007.82
-2203555.90
-2283833.16
-2364846.30
-2446602.05
-2529107.24
-2612368.72
-2696393.43
-2781188.37
-2866760.60
-2953117.24
-3040265.48
-3128212.58
-3216965.86
-3306532.72
-3396920.60
-3488137.04
-3580189.63
-3673086.03
-3766833.99
-3861441.30
-3956915.85
-4053265.57
-4150498.51
-4248622.75
-4347646.45
-4447577.88
-4548425.34
-4650197.24
-4752902.05
-4856548.32
-4961144.68
-5066699.84

106522.75
107499.21
108484.62
109479.06
110482.62
111495.37
112517.42
113548.82
114589.69
115640.09
116700.13
117769.88
118849.44
119938.89
121038.33
122147.85
123267.54
124397.49
125537.80
126688.56
127849.87
129021.83
130204.53
131398.07
132602.56
133818.08
135044.74
136282.65
137531.91
138792.62
140064.89
141348.82
142644.51
143952.09
145271.65
146603.31

-5173222.59
-5280721.79
-5389206.41
-5498685.47
-5609168.09
-5720663.46
-5833180.88
-5946729.70
-6061319.39
-6176959.48
-6293659.61
-6411429.49
-6530278.93
-6650217.82
-6771256.15
-6893404.00
-7016671.53
-7141069.02
-7266606.82
-7393295.38
-7521145.26
-7650167.09
-7780371.62
-7911769.70
-8044372.25
-8178190.33
-8313235.07
-8449517.73
-8587049.64
-8725842.26
-8865907.15
-9007255.97
-9149900.48
-9293852.57
-9439124.22
-9585727.52 If this value <=0, then the loan is over

the first month