Loan Prepayment Calculator

    Find out how much you can save by prepaying your loan - either through lower EMIs or a shorter duration.

    Prepayment Details

    Min: ₹10,000•Max: ₹10,00,00,000

    Min: 1 Year • Max: 30 Years

    Min: 0.1% • Max: 20%

    Min: ₹1,000•Max: ₹20,00,000

    The below calculations are indicative and may vary based on lender policies.

    Option 1: Reduce Tenure

    Keep EMI same, reduce loan duration

    Current Tenure

    180 months

    Revised Tenure

    148 months

    Months Saved32 months
    Total Interest Saved₹4,36,583

    Option 2: Reduce EMI

    Keep tenure same, reduce monthly payment

    Current EMI

    ₹19,695

    Revised EMI

    ₹17,725

    Total Interest Saved₹1,54,506

    Loan Balance Over Time

    1591521273339455157636975818793100108116124132140148156164172180Month₹0₹5,00,000₹10,00,000₹15,00,000₹20,00,000Outstanding Balance
    • Original Loan
    • Reduced Tenure
    • Reduced EMI