Calculator

Home loan prepayment calculator

See how much interest extra payments save and how much sooner your loan closes. Compare a lump sum with extra EMIs, and share the result with a link.

Your loan

Outstanding balance₹80,00,000.00

Interest rate (% a year)

What do you know?

I know my EMII know remaining years

Current EMI₹66,915.00

Start fromYour next EMI month

About 20 yr left at this EMI.

What will you pay extra?

Tick any you plan to do. You can combine them; the result updates as you type.

ways to pay extra

One-time lump sumA bonus, maturity or sale proceeds, paid once
Lump sum every yearA fixed amount once a year, e.g. from your bonus
Extra EMIs every yearOne to three extra EMIs, paid in one month each year
How many extra EMIsSame as paying ₹66,915 once a year. If your EMI rises, it's 1 × that year's EMI.
Month each year
Extra every monthA fixed top-up paid with every EMI
Raise EMI every yearIncrease your EMI by a percentage every year

After prepaying

Reduce tenureRegular extra payments keep your EMI the same and close the loan sooner. Reduce EMI applies to a one-time lump sum only.

Reducing tenure usually saves far more interest than reducing the EMI.

What you save

Interest saved: ₹15,79,747
Loan closes: Jul 2043; 3 yr 4 mo sooner

Total interest: ₹80,59,721 becomes ₹64,79,974

₹1 extra saves ₹1.39 · ₹11,37,555 extra in all

Without prepayment: EMI ₹66,915, closes Nov 2046 (20 yr left).

Without prepaymentYour plan

Estimate. Banks apply prepayments on their own dates and floating rates change; check with your lender.

Saves ₹15,79,747 · 3 yr 4 mo sooner