Loan Details
₹50K₹25L
8%24%
1 year20 years
0%5%
EMI Breakdown
Monthly EMI
₹0
Principal Amount
₹5,00,000
Total Interest
₹0
Processing Fee
₹5,000
Total Payment
₹5,000
Payment Distribution
PrincipalInfinity%
InterestNaN%
Amortization Schedule
| Month | EMI | Principal | Interest | Balance |
|---|
EMI Tips & Tricks
Prepayment Benefits
Making prepayments can significantly reduce your total interest burden. Even small prepayments early in the tenure can save lakhs in interest.
Tenure vs EMI
Shorter tenure means higher EMI but lower total interest. Balance your monthly budget with long-term savings when choosing tenure.