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Amortization Schedule Calculator

Generate a full month-by-month amortization schedule for any loan.

How this is calculated
Each month: interest = balance × monthly rate; principal = payment − interest; balance −= principal

Assumptions used in this calculation

  • Interest method: Uses the monthly reducing-balance method, interest each month is charged only on the outstanding principal, the same convention as the EMI calculator.
  • Fixed payment: Assumes the monthly payment stays constant for the full tenure with no prepayments, rate changes, or missed payments.

About this calculator

The amortization schedule calculator generates a complete month-by-month breakdown of principal, interest and remaining balance for any loan.

Worked example

₹10,00,000 at 12% for 60 months

Result: Full 60-month schedule

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