Wealthfront : Tools

This tool helps you find the remaining loan and the prepayment charges at any point of time.

A part of the monthly installment (EMI or Equated Monthly Installment) you pay goes towards interest and the balance towards principal. With every EMI payment the outstanding loan amount reduces.

The prepayment charges are levied on the outstanding loan amount.

Loan as it stands today

Input

Result

Loan amount	Rs.
Repayment period (years)
Monthly installment	Rs.
Interest reset frequency
Installments already paid
Number of advance installments
Prepayment charges		%
In case of security deposit scheme fill in the following fields
Amount of deposit	Rs.
Amount at maturity OR	Rs.
Rate of interest on the deposit

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Principal remaining at the end of periods	Rs.
In case of prepayment the charges would be	Rs.