EMI Payment Schedule with Penalty

Principal: ₹115000

Interest Rate: 31.5%

Tenure: 36 months

Monthly EMI: ₹4976.89

Total Penalty Accrued: ₹500

Month EMI Amount Interest Component Principal Component Balance Penalty Penalty Paid Total Penalty
1 4,977 3019 1958 113042 0 No 0
2 4,977 2967 2010 111532 500 No 500
3 4,977 2928 2049 109483 0 No 500
4 4,977 2874 2103 107380 0 No 500
5 4,977 2819 2158 105222 0 No 500
6 4,977 2762 2215 103007 0 No 500
7 4,977 2704 2273 100734 0 No 500
8 4,977 2644 2333 98401 0 No 500
9 4,977 2583 2394 96007 0 No 500
10 4,977 2520 2457 93550 0 No 500
11 4,977 2456 2521 91029 0 No 500
12 4,977 2390 2587 88442 0 No 500
13 4,977 2322 2655 85787 0 No 500
14 4,977 2252 2725 83062 0 No 500
15 4,977 2180 2797 80265 0 No 500
16 4,977 2107 2870 77395 0 No 500
17 4,977 2032 2945 74450 0 No 500
18 4,977 1954 3023 71427 0 No 500
19 4,977 1875 3102 68325 0 No 500
20 4,977 1794 3183 65142 0 No 500
21 4,977 1710 3267 61875 0 No 500
22 4,977 1624 3353 58522 0 No 500
23 4,977 1536 3441 55081 0 No 500
24 4,977 1446 3531 51550 0 No 500
25 4,977 1353 3624 47926 0 No 500
26 4,977 1258 3719 44207 0 No 500
27 4,977 1160 3817 40390 0 No 500
28 4,977 1060 3917 36473 0 No 500
29 4,977 957 4020 32453 0 No 500
30 4,977 852 4125 28328 0 No 500
31 4,977 744 4233 24095 0 No 500
32 4,977 632 4345 19750 0 No 500
33 4,977 518 4459 15291 0 No 500
34 4,977 401 4576 10715 0 No 500
35 4,977 281 4696 6019 0 No 500
36 4,977 158 4819 1200 0 No 500