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    Monthly Amortization Schedule

    Uploaded by

    glideluxor
    The document shows a monthly amortization schedule for a loan amount of Rs. 9,75,000 over a period of 36 months. It displays the EMI amount of Rs. 31,050 that is paid each month, divided into principal and interest components. The principal amount increases each month while the interest amount decreases as the loan balance reduces over time, until the full amount is paid off by the 36th month.

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    © All Rights Reserved
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    Monthly Amortization Schedule

    Uploaded by

    glideluxor
    17 views3 pages
    The document shows a monthly amortization schedule for a loan amount of Rs. 9,75,000 over a period of 36 months. It displays the EMI amount of Rs. 31,050 that is paid each month, divided into principal and interest components. The principal amount increases each month while the interest amount decreases as the loan balance reduces over time, until the full amount is paid off by the 36th month.

    Original Description:

    EMI Eligible

    Original Title

    EMI Eligible

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    The document shows a monthly amortization schedule for a loan amount of Rs. 9,75,000 over a period of 36 months. It displays the EMI amount of Rs. 31,050 that is paid each month, divided into principal and interest components. The principal amount increases each month while the interest amount decreases as the loan balance reduces over time, until the full amount is paid off by the 36th month.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    17 views3 pages

    Monthly Amortization Schedule

    Uploaded by

    glideluxor
    The document shows a monthly amortization schedule for a loan amount of Rs. 9,75,000 over a period of 36 months. It displays the EMI amount of Rs. 31,050 that is paid each month, divided into principal and interest components. The principal amount increases each month while the interest amount decreases as the loan balance reduces over time, until the full amount is paid off by the 36th month.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    Calculate Amortization

    800k

    600k
    Amount

    400k 372,602 372,601

    200k

    0
    2017 2018

    Inte re st P rincip le Ba la nce

    Monthly Amortization Schedule

    MONTH'S COUNT EMI INT PRIN LOAN AMOUNT

    Aug-2018 1 31,050 7,394 23,656 9,51,344

    Sep-2018 2 31,050 7,214 23,836 9,27,508

    Oct-2018 3 31,050 7,034 24,017 9,03,491

    Nov-2018 4 31,050 6,851 24,199 8,79,293

    Dec-2018 5 31,050 6,668 24,382 8,54,910

    Jan-2019 6 31,050 6,483 24,567 8,30,343

    Feb-2019 7 31,050 6,297 24,753 8,05,590

    Mar-2019 8 31,050 6,109 24,941 7,80,649


    Apr-2019 9 31,050 5,920 25,130 7,55,519

    May-2019 10 31,050 5,729 25,321 7,30,198

    Jun-2019 11 31,050 5,537 25,513 7,04,685

    Jul-2019 12 31,050 5,344 25,706 6,78,979

    Aug-2019 13 31,050 5,149 25,901 6,53,078

    Sep-2019 14 31,050 4,953 26,098 6,26,980

    Oct-2019 15 31,050 4,755 26,296 6,00,684

    Nov-2019 16 31,050 4,555 26,495 5,74,190

    Dec-2019 17 31,050 4,354 26,696 5,47,494

    Jan-2020 18 31,050 4,152 26,898 5,20,595

    Feb-2020 19 31,050 3,948 27,102 4,93,493

    Mar-2020 20 31,050 3,742 27,308 4,66,185

    Apr-2020 21 31,050 3,535 27,515 4,38,670

    May-2020 22 31,050 3,327 27,724 4,10,947

    Jun-2020 23 31,050 3,116 27,934 3,83,013

    Jul-2020 24 31,050 2,905 28,146 3,54,867

    Aug-2020 25 31,050 2,691 28,359 3,26,508

    Sep-2020 26 31,050 2,476 28,574 2,97,934

    Oct-2020 27 31,050 2,259 28,791 2,69,143

    Nov-2020 28 31,050 2,041 29,009 2,40,134

    Dec-2020 29 31,050 1,821 29,229 2,10,905

    Jan-2021 30 31,050 1,599 29,451 1,81,454


    Feb-2021 31 31,050 1,376 29,674 1,51,780

    Mar-2021 32 31,050 1,151 29,899 1,21,881

    Apr-2021 33 31,050 924 30,126 91,755

    May-2021 34 31,050 696 30,354 61,401

    Jun-2021 35 31,050 466 30,585 30,816

    Jul-2021 36 31,050 234 30,816 0

    11,17,805 1,42,805 9,75,000

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