Advanced EMI & Loan Simulator
Base EMI is fixed. Extra EMIs and one-time prepayment reduce total interest and shorten the loan. Below you can see the original schedule vs with your current prepayment plan.
Monthly EMI
₹ 12,940
Total interest
₹ 5,52,771
Loan closes in
120 months
Basic loan details
Loan amount
₹ 1,00,000₹ 1,00,00,000
Interest rate (per year)9.50%
5%20%
Tenure10 years (120 months)
1 year30 years
EMI summary
₹ 12,940
Base EMI for ₹10,00,000 at 9.50% for 10 years. Prepayments do not change EMI, they reduce interest and shorten the duration.
Total payment (with current plan)
₹ 15,52,771
Total interest (with current plan)
₹ 5,52,771
Interest share
35.6%
Principal vs interest
Interest is 35.6% of your total outflow.
Principal: ₹ 10,00,000 (64.4%)
Interest: ₹ 5,52,771 (35.6%)