Prepayment Calculator
Pay a little extra. Save a lot.
Simulate extra monthly EMIs and lump-sum prepayments — see the interest you'll avoid and how many months your loan closes earlier.
Your loan
Loan amount₹30.00 L
Interest rate8.50 %
Tenure20 yrs
Extra EMI / month₹3.0 K
Interest saved
₹8.34 L
Closes earlier
4.4 yrs
Base EMI
₹26,035
New tenure
15.6 yrs
A small consistent top-up saves far more interest than a rare bonus prepayment. Try increasing the extra EMI by 5–10% each year.
How it works
Understand every number
Extra EMI vs lump-sum
Extra monthly EMI compounds savings early; lump-sum works best right after disbursal when interest is highest.
Are there charges?
Floating-rate home loans have no prepayment charges. Fixed-rate and personal loans may charge 2–4%.
FAQ