Loan Prepayment Calculator

Make a one-time prepayment and instantly see the interest you save and how much your tenure shortens (keeping the EMI unchanged).

Loan & prepayment

Outstanding principal

₹40,00,000

Interest rate

8.50% per annum

Remaining tenure

yrs

18 years

One-time prepayment

₹5,00,000

Interest you save

₹14,03,641

Tenure cut by 4 yr 5 mo

EMI (unchanged): ₹36,218
Interest without prepay: ₹38,23,152
Interest after prepay: ₹24,19,512
New tenure: 13 yr 7 mo

Assumes the EMI stays the same and the tenure shortens. Check your lender's prepayment terms — floating-rate home loans usually have no prepayment penalty for individuals.