Amortization Schedule Calculator
Generate your loan's complete year-by-year repayment table — watch how each EMI splits between interest and principal, and find your loan's crossover point.
Reading Your Amortization Schedule
Every reducing-balance loan follows the same mechanics: each month, interest is charged on whatever principal remains; the rest of your EMI retires principal. Early on, interest devours most of the payment. As balance shrinks, the split flips.
The Crossover Point — Your Loan's Halfway Truth
The month where principal first exceeds interest is the crossover point. On a ₹50 lakh, 20-year, 8.5% loan it arrives around year 12 — meaning for over half the tenure, the majority of every EMI is pure interest. Prepay before crossover; after it, surplus cash often earns more invested.
Why Your Outstanding Barely Moves in Year One
₹50 lakh at 8.5% for 20 years → EMI ₹43,391. Month 1: interest = ₹35,417 — that's 81.6% of the EMI. Only ₹7,974 touches principal. This is why "I've paid 5 years, surely half is done" is reliably wrong.