Monthly Payment
₹23,246
Principal Amount
₹5,00,000
Interest Amount
₹57,902
Total Amount Payable
₹5,57,902
Note: This is an approximate value. The final value may differ.
Month | Opening Balance | Interest paid during the month | Principal repaid during the month | Closing Balance |
---|---|---|---|---|
1 | ₹5,00,000 | ₹4,479 | ₹18,767 | ₹4,81,233 |
2 | ₹4,81,233 | ₹4,311 | ₹18,935 | ₹4,62,298 |
3 | ₹4,62,298 | ₹4,141 | ₹19,105 | ₹4,43,194 |
4 | ₹4,43,194 | ₹3,970 | ₹19,276 | ₹4,23,918 |
5 | ₹4,23,918 | ₹3,798 | ₹19,448 | ₹4,04,470 |
6 | ₹4,04,470 | ₹3,623 | ₹19,623 | ₹3,84,847 |
7 | ₹3,84,847 | ₹3,448 | ₹19,798 | ₹3,65,049 |
8 | ₹3,65,049 | ₹3,270 | ₹19,976 | ₹3,45,073 |
9 | ₹3,45,073 | ₹3,091 | ₹20,155 | ₹3,24,919 |
10 | ₹3,24,919 | ₹2,911 | ₹20,335 | ₹3,04,583 |
11 | ₹3,04,583 | ₹2,729 | ₹20,517 | ₹2,84,066 |
12 | ₹2,84,066 | ₹2,545 | ₹20,701 | ₹2,63,365 |
13 | ₹2,63,365 | ₹2,359 | ₹20,887 | ₹2,42,478 |
14 | ₹2,42,478 | ₹2,172 | ₹21,074 | ₹2,21,405 |
15 | ₹2,21,405 | ₹1,983 | ₹21,263 | ₹2,00,142 |
16 | ₹2,00,142 | ₹1,793 | ₹21,453 | ₹1,78,689 |
17 | ₹1,78,689 | ₹1,601 | ₹21,645 | ₹1,57,044 |
18 | ₹1,57,044 | ₹1,407 | ₹21,839 | ₹1,35,205 |
19 | ₹1,35,205 | ₹1,211 | ₹22,035 | ₹1,13,170 |
20 | ₹1,13,170 | ₹1,014 | ₹22,232 | ₹90,938 |
21 | ₹90,938 | ₹815 | ₹22,431 | ₹68,507 |
22 | ₹68,507 | ₹614 | ₹22,632 | ₹45,874 |
23 | ₹45,874 | ₹411 | ₹22,835 | ₹23,040 |
24 | ₹23,040 | ₹206 | ₹23,040 | ₹0 |