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@ula I don't think this framework is applicable to cities like Mumbai where the housing costs are astronomical.

@hilarious There is an app called loan EMI calc. You may get it from there. Also if you ask the bank/NBFC for an amortization schedule, they will provide it.

@pawello This makes sense now . However, this approach is not one size fits all. If debt is what makes you loose sleep, one should take it as minimal as possible. You compared interest outgo of 11 lacs vs 44 lacs. But the time value of money is not taken into account. 25k emi now vs 25k emi...

@pawello If you had the resources to pay, why not take a loan for a lesser amount ? Also, if you had an idea of your cash flow for 5-10 years, all these prepayment gymnastics could have been avoided by simply taking a loan for a 5 year or 10 year tenure.