What is a loan amortization schedule?

A loan amortization schedule is a table showing every EMI payment broken down into the principal repayment and the interest component, along with the outstanding balance after each payment. It shows you exactly when your loan will be fully repaid and how much interest you will pay in total.

Why does so much of my early EMI go towards interest?

In the early months, your outstanding principal is high, so the interest portion of each EMI is large and the principal portion is small. As the loan progresses, the outstanding balance reduces, interest decreases and more of each EMI goes toward repaying the principal. This is how reducing-balance home loans work.

How does prepayment affect my amortization schedule?

A part-prepayment reduces the outstanding principal immediately, which means less interest accrues in subsequent months. You can either reduce your tenure (keeping EMI the same) or reduce your EMI (keeping tenure the same). Reducing tenure saves more total interest.

Can I get my home loan amortization schedule from the bank?

Yes, banks are required to provide an amortization schedule at the time of loan sanction. You can also download it from your bank's net banking portal or ask your branch for a copy. Our free calculator lets you generate one instantly without any paperwork.

Free Tool

Amortization Schedule Calculator

See a complete month-by-month breakdown of your home loan — how much goes to principal vs interest each month.

Loan Amount (₹)

Total loan principal

Interest Rate (%)

Annual interest rate

Tenure (Years)

Loan repayment period

Monthly EMI

₹0

Total Amount

₹0

Principal

₹0

Total Interest (0%)

₹0

Yearly Summary

Year	Principal Paid	Interest Paid	Closing Balance

Monthly Schedule

Month	EMI	Principal	Interest	Balance

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