EMI stands for Equated Monthly Installment which is an important part of your housing loan. It includes repayment of the principal amount and payment of the interest on the outstanding amount of your home loan. A longer loan tenure (for a maximum period of 30 years) helps in reducing the EMIs. A clear knowledge of the amount that you will need to pay towards EMIs will help you make an informed decision. However, in order to get the best approximation towards EMIs, it is important to use a home loan EMI calculator. With our EMI calculators, you can get a fair understanding about the ratio of the principal amount to the interest due, based on the effect of the home loan tenure and interest rates.
Year | Opening Balance | Amount paid by Customer | Interest paid during the year | Principal paid during the year | Closing Balance |
---|---|---|---|---|---|
1 | 100,000 | 90000 | 54564 | 778 | 5000 |
2 | 100,000 | 90000 | 54564 | 778 | 5000 |
3 | 100,000 | 90000 | 54564 | 778 | 5000 |
4 | 100,000 | 90000 | 54564 | 778 | 5000 |
5 | 100,000 | 90000 | 54564 | 778 | 5000 |
6 | 100,000 | 90000 | 54564 | 778 | 5000 |
7 | 100,000 | 90000 | 54564 | 778 | 5000 |
8 | 100,000 | 90000 | 54564 | 778 | 5000 |
9 | 100,000 | 90000 | 54564 | 778 | 5000 |
10 | 100,000 | 90000 | 54564 | 778 | 5000 |
11 | 100,000 | 90000 | 54564 | 778 | 5000 |
12 | 100,000 | 90000 | 54564 | 778 | 5000 |
13 | 100,000 | 90000 | 54564 | 778 | 5000 |
14 | 100,000 | 90000 | 54564 | 778 | 5000 |
15 | 100,000 | 90000 | 54564 | 778 | 5000 |
16 | 100,000 | 90000 | 54564 | 778 | 5000 |
17 | 100,000 | 90000 | 54564 | 778 | 5000 |
18 | 100,000 | 90000 | 54564 | 778 | 5000 |
19 | 100,000 | 90000 | 54564 | 778 | 5000 |
20 | 100,000 | 90000 | 54564 | 778 | 5000 |
21 | 100,000 | 90000 | 54564 | 778 | 5000 |
22 | 100,000 | 90000 | 54564 | 778 | 5000 |
23 | 100,000 | 90000 | 54564 | 778 | 5000 |
24 | 100,000 | 90000 | 54564 | 778 | 5000 |
1 Square Feets | 1 Square yard |
1 Square Meters | 2 Square yard |
1 Square Yard | 2 Square yard |
1 Area | 5 Square yard |
1 Cents | 3 Square yard |
1 Bigha | 5 Square yard |
1 Kottah | 5 Square yard |
1 Marla | 5 Square yard |
1 Kanal | 5 Square yard |
1 Grounds | 4 Square yard |
1 Biswa | 6 Square yard |
1 Aank Adam | 1 Square yard |
1 Rood | 5 Square yard |
1 Chataks | 6 Square yard |
1 Perch | 2 Square yard |
1 Hectare | 8 Square yard |
1 Guntha | 2 Square yard |
1 Marla | 3 Square yard |
1 Bigha | 6 Square yard |