Loan Amortization Schedule & Prepayment Calculator – Save Lakhs on Your Loan (2026)
Loan Amortization Schedule & Prepayment Calculator – Save Lakhs on Your Loan (2026) https://play.google.com/store/apps/details?id=com.dlinfosoft.calculator Most loan borrowers focus only on the EMI amount, but the real savings come when you understand the loan amortization schedule and use prepayment smartly . In this guide, you will learn: What a loan amortization schedule is How EMI is split into interest and principal How prepayment reduces interest How to calculate savings easily What Is a Loan Amortization Schedule? A loan amortization schedule is a detailed table that shows how your loan is repaid month by month. It includes: EMI amount Interest paid every month Principal repaid every month Remaining loan balance In the initial years of a loan: Interest portion is very high Principal repayment is very low This is why prepayment is most effective in the early years. EMI Breakdown Example (Home Loan) Loan Details: Loan A...