S.No.

opening balance EMI interest principal closing balance interest rate

1 5,000,000 44,186 36,458 7,728 4,992,272 8.75
2 4,992,272 44,186 36,402 7,784 4,984,488 8.75
3 4,984,488 44,186 36,345 7,841 4,976,648 8.75
4 4,976,648 44,186 36,288 7,898 4,968,750 8.75
5 4,968,750 44,186 36,230 7,956 4,960,794 8.75
6 4,960,794 44,186 36,172 8,014 4,952,781 8.75
7 4,952,781 44,186 36,114 8,072 4,944,709 8.75
8 4,944,709 44,186 36,055 8,131 4,936,578 8.75
9 4,936,578 44,186 35,996 8,190 4,928,388 8.75
10 4,928,388 44,186 35,936 8,250 4,920,138 8.75
11 4,920,138 44,186 35,876 8,310 4,911,828 8.75
12 4,911,828 44,186 35,815 8,371 4,903,457 8.75
13 4,903,457 44,186 35,754 8,432 4,895,026 8.75
14 4,895,026 44,186 35,693 8,493 4,886,532 8.75
15 4,886,532 44,186 35,631 8,555 4,877,977 8.75
16 4,877,977 44,186 35,569 8,617 4,869,360 8.75
17 4,869,360 44,186 35,506 8,680 4,860,680 8.75
18 4,860,680 44,186 35,442 8,744 4,851,936 8.75
19 4,851,936 44,186 35,379 8,807 4,843,129 8.75
20 4,843,129 44,186 35,314 8,872 4,834,257 8.75
21 4,834,257 44,186 35,250 8,936 4,825,321 8.75
22 4,825,321 44,186 35,185 9,001 4,816,320 8.75
23 4,816,320 44,186 35,119 9,067 4,807,253 8.75
24 4,807,253 44,186 35,053 9,133 4,798,120 8.75
25 4,798,120 44,186 34,986 9,200 4,788,920 8.75
26 4,788,920 44,186 34,919 9,267 4,779,653 8.75
27 4,779,653 44,186 34,852 9,334 4,770,319 8.75
28 4,770,319 44,186 34,784 9,402 4,760,916 8.75
29 4,760,916 44,186 34,715 9,471 4,751,445 8.75
30 4,751,445 44,186 34,646 9,540 4,741,905 8.75
31 4,741,905 44,186 34,576 9,610 4,732,296 8.75
32 4,732,296 44,186 34,506 9,680 4,722,616 8.75
33 4,722,616 44,186 34,436 9,750 4,712,866 8.75
34 4,712,866 44,186 34,365 9,821 4,703,044 8.75
35 4,703,044 44,186 34,293 9,893 4,693,152 8.75
36 4,693,152 44,186 34,221 9,965 4,683,186 8.75
37 4,683,186 44,186 34,148 10,038 4,673,149 8.75
38 4,673,149 44,186 34,075 10,111 4,663,038 8.75
39 4,663,038 44,186 34,001 10,185 4,652,853 8.75
40 4,652,853 44,186 33,927 10,259 4,642,594 8.75
41 4,642,594 44,186 33,852 10,334 4,632,260 8.75
42 4,632,260 44,186 33,777 10,409 4,621,851 8.75
43 4,621,851 44,186 33,701 10,485 4,611,366 8.75
44 4,611,366 44,186 33,625 10,561 4,600,805 8.75
45 4,600,805 44,186 33,548 10,638 4,590,166 8.75
46 4,590,166 44,186 33,470 10,716 4,579,450 8.75
47 4,579,450 44,186 33,392 10,794 4,568,656 8.75
48 4,568,656 44,186 33,313 10,873 4,557,783 8.75
49 4,557,783 44,186 33,234 10,952 4,546,831 8.75
50 4,546,831 44,186 33,154 11,032 4,535,799 8.75
51 4,535,799 44,186 33,074 11,112 4,524,687 8.75
52 4,524,687 44,186 32,993 11,193 4,513,493 8.75
53 4,513,493 44,186 32,911 11,275 4,502,218 8.75
54 4,502,218 44,186 32,829 11,357 4,490,861 8.75
55 4,490,861 44,186 32,746 11,440 4,479,420 8.75
56 4,479,420 44,186 32,662 11,524 4,467,897 8.75
57 4,467,897 44,186 32,578 11,608 4,456,289 8.75
58 4,456,289 44,186 32,494 11,692 4,444,597 8.75
59 4,444,597 44,186 32,409 11,777 4,432,820 8.75
60 4,432,820 44,186 32,323 11,863 4,420,956 8.75
61 4,420,956 44,186 32,236 11,950 4,409,006 8.75
62 4,409,006 44,186 32,149 12,037 4,396,969 8.75
63 4,396,969 44,186 32,061 12,125 4,384,845 8.75
64 4,384,845 44,186 31,973 12,213 4,372,631 8.75
65 4,372,631 44,186 31,884 12,302 4,360,329 8.75
66 4,360,329 44,186 31,794 12,392 4,347,937 8.75
67 4,347,937 44,186 31,704 12,482 4,335,455 8.75
68 4,335,455 44,186 31,613 12,573 4,322,882 8.75
69 4,322,882 44,186 31,521 12,665 4,310,217 8.75
70 4,310,217 44,186 31,429 12,757 4,297,459 8.75
71 4,297,459 44,186 31,336 12,850 4,284,609 8.75
72 4,284,609 44,186 31,242 12,944 4,271,665 8.75
73 4,271,665 44,186 31,148 13,038 4,258,627 8.75
74 4,258,627 44,186 31,052 13,134 4,245,493 8.75
75 4,245,493 44,186 30,957 13,229 4,232,264 8.75
76 4,232,264 44,186 30,860 13,326 4,218,938 8.75
77 4,218,938 44,186 30,763 13,423 4,205,515 8.75
78 4,205,515 44,186 30,665 13,521 4,191,994 8.75
79 4,191,994 44,186 30,567 13,619 4,178,375 8.75
80 4,178,375 44,186 30,467 13,719 4,164,656 8.75
81 4,164,656 44,186 30,367 13,819 4,150,837 8.75
82 4,150,837 44,186 30,267 13,919 4,136,918 8.75
83 4,136,918 44,186 30,165 14,021 4,122,897 8.75
84 4,122,897 44,186 30,063 14,123 4,108,774 8.75
85 4,108,774 44,186 29,960 14,226 4,094,548 8.75
86 4,094,548 44,186 29,856 14,330 4,080,218 8.75
87 4,080,218 44,186 29,752 14,434 4,065,783 8.75
88 4,065,783 44,186 29,646 14,540 4,051,244 8.75
89 4,051,244 44,186 29,540 14,646 4,036,598 8.75
90 4,036,598 44,186 29,434 14,752 4,021,845 8.75
91 4,021,845 44,186 29,326 14,860 4,006,985 8.75
92 4,006,985 44,186 29,218 14,968 3,992,017 8.75
93 3,992,017 44,186 29,108 15,078 3,976,940 8.75
94 3,976,940 44,186 28,999 15,187 3,961,752 8.75
 95 3,961,752 44,186 28,888 15,298 3,946,454 8.75
96 3,946,454 44,186 28,776 15,410 3,931,044 8.75
97 3,931,044 44,186 28,664 15,522 3,915,522 8.75
98 3,915,522 44,186 28,551 15,635 3,899,887 8.75
99 3,899,887 44,186 28,437 15,749 3,884,137 8.75
100 3,884,137 44,186 28,322 15,864 3,868,273 8.75
101 3,868,273 44,186 28,206 15,980 3,852,293 8.75
102 3,852,293 44,186 28,090 16,096 3,836,197 8.75
103 3,836,197 44,186 27,972 16,214 3,819,983 8.75
104 3,819,983 44,186 27,854 16,332 3,803,651 8.75
105 3,803,651 44,186 27,735 16,451 3,787,200 8.75
106 3,787,200 44,186 27,615 16,571 3,770,629 8.75
107 3,770,629 44,186 27,494 16,692 3,753,937 8.75
108 3,753,937 44,186 27,372 16,814 3,737,124 8.75
109 3,737,124 44,186 27,250 16,936 3,720,188 8.75
110 3,720,188 44,186 27,126 17,060 3,703,128 8.75
111 3,703,128 44,186 27,002 17,184 3,685,944 8.75
112 3,685,944 44,186 26,877 17,309 3,668,635 8.75
113 3,668,635 44,186 26,750 17,436 3,651,199 8.75
114 3,651,199 44,186 26,623 17,563 3,633,636 8.75
115 3,633,636 44,186 26,495 17,691 3,615,946 8.75
116 3,615,946 44,186 26,366 17,820 3,598,126 8.75
117 3,598,126 44,186 26,236 17,950 3,580,176 8.75
118 3,580,176 44,186 26,105 18,081 3,562,096 8.75
119 3,562,096 44,186 25,974 18,212 3,543,883 8.75
120 3,543,883 44,186 25,841 18,345 3,525,538 8.75
121 3,525,538 44,186 25,707 18,479 3,507,059 8.75
122 3,507,059 44,186 25,572 18,614 3,488,446 8.75
123 3,488,446 44,186 25,437 18,749 3,469,696 8.75
124 3,469,696 44,186 25,300 18,886 3,450,810 8.75
125 3,450,810 44,186 25,162 19,024 3,431,786 8.75
126 3,431,786 44,186 25,023 19,163 3,412,624 8.75
127 3,412,624 44,186 24,884 19,302 3,393,321 8.75
128 3,393,321 44,186 24,743 19,443 3,373,878 8.75
129 3,373,878 44,186 24,601 19,585 3,354,293 8.75
130 3,354,293 44,186 24,458 19,728 3,334,566 8.75
131 3,334,566 44,186 24,315 19,871 3,314,694 8.75
132 3,314,694 44,186 24,170 20,016 3,294,678 8.75
133 3,294,678 44,186 24,024 20,162 3,274,516 8.75
134 3,274,516 44,186 23,877 20,309 3,254,206 8.75
135 3,254,206 44,186 23,729 20,457 3,233,749 8.75
136 3,233,749 44,186 23,579 20,607 3,213,142 8.75
137 3,213,142 44,186 23,429 20,757 3,192,386 8.75
138 3,192,386 44,186 23,278 20,908 3,171,477 8.75
139 3,171,477 44,186 23,125 21,061 3,150,417 8.75
140 3,150,417 44,186 22,972 21,214 3,129,203 8.75
141 3,129,203 44,186 22,817 21,369 3,107,834 8.75
142 3,107,834 44,186 22,661 21,525 3,086,309 8.75
143 3,086,309 44,186 22,504 21,682 3,064,627 8.75
144 3,064,627 44,186 22,346 21,840 3,042,788 8.75
145 3,042,788 44,186 22,187 21,999 3,020,789 8.75
146 3,020,789 44,186 22,027 22,159 2,998,629 8.75
147 2,998,629 44,186 21,865 22,321 2,976,308 8.75
148 2,976,308 44,186 21,702 22,484 2,953,824 8.75
149 2,953,824 44,186 21,538 22,648 2,931,177 8.75
150 2,931,177 44,186 21,373 22,813 2,908,364 8.75
151 2,908,364 44,186 21,207 22,979 2,885,385 8.75
152 2,885,385 44,186 21,039 23,147 2,862,238 8.75
153 2,862,238 44,186 20,870 23,316 2,838,922 8.75
154 2,838,922 44,186 20,700 23,486 2,815,437 8.75
155 2,815,437 44,186 20,529 23,657 2,791,780 8.75
156 2,791,780 44,186 20,357 23,829 2,767,951 8.75
157 2,767,951 44,186 20,183 24,003 2,743,948 8.75
158 2,743,948 44,186 20,008 24,178 2,719,770 8.75
159 2,719,770 44,186 19,832 24,354 2,695,415 8.75
160 2,695,415 44,186 19,654 24,532 2,670,883 8.75
161 2,670,883 44,186 19,475 24,711 2,646,173 8.75
162 2,646,173 44,186 19,295 24,891 2,621,282 8.75
163 2,621,282 44,186 19,114 25,072 2,596,209 8.75
164 2,596,209 44,186 18,931 25,255 2,570,954 8.75
165 2,570,954 44,186 18,747 25,439 2,545,514 8.75
166 2,545,514 44,186 18,561 25,625 2,519,889 8.75
167 2,519,889 44,186 18,374 25,812 2,494,078 8.75
168 2,494,078 44,186 18,186 26,000 2,468,078 8.75
169 2,468,078 44,186 17,996 26,190 2,441,888 8.75
170 2,441,888 44,186 17,805 26,381 2,415,507 8.75
171 2,415,507 44,186 17,613 26,573 2,388,935 8.75
172 2,388,935 44,186 17,419 26,767 2,362,168 8.75
173 2,362,168 44,186 17,224 26,962 2,335,206 8.75
174 2,335,206 44,186 17,028 27,158 2,308,048 8.75
175 2,308,048 44,186 16,830 27,356 2,280,691 8.75
176 2,280,691 44,186 16,630 27,556 2,253,135 8.75
177 2,253,135 44,186 16,429 27,757 2,225,378 8.75
178 2,225,378 44,186 16,227 27,959 2,197,419 8.75
179 2,197,419 44,186 16,023 28,163 2,169,256 8.75
180 2,169,256 44,186 15,817 28,369 2,140,887 8.75
181 2,140,887 44,186 15,611 28,575 2,112,312 8.75
182 2,112,312 44,186 15,402 28,784 2,083,528 8.75
183 2,083,528 44,186 15,192 28,994 2,054,535 8.75
184 2,054,535 44,186 14,981 29,205 2,025,330 8.75
185 2,025,330 44,186 14,768 29,418 1,995,912 8.75
186 1,995,912 44,186 14,554 29,632 1,966,279 8.75
187 1,966,279 44,186 14,337 29,849 1,936,431 8.75
188 1,936,431 44,186 14,120 30,066 1,906,364 8.75
189 1,906,364 44,186 13,901 30,285 1,876,079 8.75
190 1,876,079 44,186 13,680 30,506 1,845,573 8.75
191 1,845,573 44,186 13,457 30,729 1,814,844 8.75
192 1,814,844 44,186 13,233 30,953 1,783,891 8.75
193 1,783,891 44,186 13,008 31,178 1,752,713 8.75
194 1,752,713 44,186 12,780 31,406 1,721,307 8.75
195 1,721,307 44,186 12,551 31,635 1,689,672 8.75
196 1,689,672 44,186 12,321 31,865 1,657,807 8.75
197 1,657,807 44,186 12,088 32,098 1,625,709 8.75
198 1,625,709 44,186 11,854 32,332 1,593,377 8.75
199 1,593,377 44,186 11,618 32,568 1,560,809 8.75
200 1,560,809 44,186 11,381 32,805 1,528,004 8.75
201 1,528,004 44,186 11,142 33,044 1,494,960 8.75
202 1,494,960 44,186 10,901 33,285 1,461,675 8.75
203 1,461,675 44,186 10,658 33,528 1,428,147 8.75
204 1,428,147 44,186 10,414 33,772 1,394,374 8.75
205 1,394,374 44,186 10,167 34,019 1,360,356 8.75
206 1,360,356 44,186 9,919 34,267 1,326,089 8.75
207 1,326,089 44,186 9,669 34,517 1,291,572 8.75
208 1,291,572 44,186 9,418 34,768 1,256,804 8.75
209 1,256,804 44,186 9,164 35,022 1,221,782 8.75
210 1,221,782 44,186 8,909 35,277 1,186,505 8.75
211 1,186,505 44,186 8,652 35,534 1,150,971 8.75
212 1,150,971 44,186 8,392 35,794 1,115,177 8.75
213 1,115,177 44,186 8,131 36,055 1,079,123 8.75
214 1,079,123 44,186 7,869 36,317 1,042,805 8.75
215 1,042,805 44,186 7,604 36,582 1,006,223 8.75
216 1,006,223 44,186 7,337 36,849 969,374 8.75
217 969,374 44,186 7,068 37,118 932,256 8.75
218 932,256 44,186 6,798 37,388 894,868 8.75
219 894,868 44,186 6,525 37,661 857,207 8.75
220 857,207 44,186 6,250 37,936 819,272 8.75
221 819,272 44,186 5,974 38,212 781,059 8.75
222 781,059 44,186 5,695 38,491 742,569 8.75
223 742,569 44,186 5,415 38,771 703,797 8.75
224 703,797 44,186 5,132 39,054 664,743 8.75
225 664,743 44,186 4,847 39,339 625,404 8.75
226 625,404 44,186 4,560 39,626 585,778 8.75
227 585,778 44,186 4,271 39,915 545,864 8.75
228 545,864 44,186 3,980 40,206 505,658 8.75
229 505,658 44,186 3,687 40,499 465,159 8.75
230 465,159 44,186 3,392 40,794 424,365 8.75
231 424,365 44,186 3,094 41,092 383,273 8.75
232 383,273 44,186 2,795 41,391 341,882 8.75
233 341,882 44,186 2,493 41,693 300,189 8.75
234 300,189 44,186 2,189 41,997 258,192 8.75
235 258,192 44,186 1,883 42,303 215,888 8.75
236 215,888 44,186 1,574 42,612 173,277 8.75
237 173,277 44,186 1,263 42,923 130,354 8.75
238 130,354 44,186 950 43,236 87,118 8.75
239 87,118 44,186 635 43,551 43,568 8.75
240 43,568 44,186 318 43,868 (301) 8.75
241 (301) 44,186 (2) 44,188 (44,489) 8.75
242 (44,489) 44,186 (324) 44,510 (88,999) 8.75
243 (88,999) 44,186 (649) 44,835 (133,834) 8.75
244 (133,834) 44,186 (976) 45,162 (178,996) 8.75
245 (178,996) 44,186 (1,305) 45,491 (224,487) 8.75
246 (224,487) 44,186 (1,637) 45,823 (270,310) 8.75
247 (270,310) 44,186 (1,971) 46,157 (316,467) 8.75
248 (316,467) 44,186 (2,308) 46,494 (362,961) 8.75
249 (362,961) 44,186 (2,647) 46,833 (409,793) 8.75
250 (409,793) 44,186 (2,988) 47,174 (456,967) 8.75
251 (456,967) 44,186 (3,332) 47,518 (504,485) 8.75
252 (504,485) 44,186 (3,679) 47,865 (552,350) 8.75
253 (552,350) 44,186 (4,028) 48,214 (600,563) 8.75
254 (600,563) 44,186 (4,379) 48,565 (649,129) 8.75
255 (649,129) 44,186 (4,733) 48,919 (698,048) 8.75
256 (698,048) 44,186 (5,090) 49,276 (747,324) 8.75
257 (747,324) 44,186 (5,449) 49,635 (796,959) 8.75
Loan amount 5,000,000.00
Interest rate(year) 8.75
term in year 15
EMI 44,186.00
Loan amount Annual rate of interest Effective rate of interest No. of year No. of periods
5,000,000.00 8.75 0.00729 20 240
 1-v^n (1-v^n)/i EMI
0.82512 113.1592 44,185.54
Payment(Monthly) Expected return(P.A.) No. of years No. of payments
30,000.00 12 25 300 0.083333 1.009489 16.00006
 Accumulated value
0.009489 1686.207 50,586,195.26