Use this Excel-based template for creating an amortization schedule for your home loan. It allows you to visualize the monthly and yearly evolution of interest and principle components and the balance of the loan.
It can accommodate regular (monthly, quarterly, bi-annual and annual) and irregular (random months) pre-payment schedules.
It can also handle a loan disbursement schedule and allows variation of interest rate.
Download the Home Loan Amortization Schedule Template
If you are wondering if you should pre-pay or invest use this calculator
Also see: Home Loan Transfer Calculator: Check Benefits of Switching from Base Rate To MCLR
Do let me know if any improvements can be made.
Free Apps for your Android Phone
Freefincal has open-source, comprehensive Excel spreadsheets, tools, analysis and unbiased, conflict of interest-free commentary on different aspects of personal finance and investing. If you find the content useful, please consider supporting us by (1) sharing our articles and (2) disabling ad-blockers for our site if you are using one. We do not accept sponsored posts, links or guest posts request from content writers and agencies.
Blog Comment Policy
Your thoughts are vital to the health of this blog and are the driving force behind the analysis and calculators that you see here. We welcome criticism and differing opinions. I will do my very best to respond to all comments asap. Please do not include hyperlinks or email ids in the comment body. Such comments will be moderated and I reserve the right to delete the entire comment or remove the links before approving them.