Since Principal and Interest are not the only factors of a loan we should include an estimate for other costs involved with a loan.

• Your down payment was less than 20% of the loan, which means you will be paying PMI. This averages around ₹55.00 for every ₹100,000.00 borrowed. An estimate for PMI will be around ₹117.70 per month.
• An average tax figure for your purchase might be about ₹10.00 for every ₹1,000.00 assessed value per year. If the assessed value of your home is 85%, this would make your home's assessed value ₹190,400.00 and your monthly tax around ₹158.67
• Homeowners Insurance is another factor of a loan. An average estimate of your monthly insurance could be about ₹56.00

With these factors, your total monthly payment estimate would be around ₹1,547.44

Amortization Schedule (P & I)