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.
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.
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