Loan Prepayment Calculator
Become debt-free faster. See how small extra payments can save you lakhs in interest.
Loan Details
Prepayment Strategy
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Original Interest
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New Interest
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-0%Loan Balance Projection
How Prepayment Saves Money
Loan prepayment reduces the outstanding principal, which means less interest accrues over time. Even small additional payments each month can significantly reduce your total interest and loan tenure.
"Use annual bonuses, tax refunds, or windfalls for lumpsum prepayments—they have the biggest impact."
Why It Works
Every extra payment directly reduces principal, accelerating payoff.
Last Updated: January 2026
Disclaimer: This calculator provides estimates. Actual savings may vary based on lender policies, prepayment penalties, and other factors.
About the Loan Prepayment Calculator
Shows interest savings and revised EMI or tenure when making partial or full prepayments on a home or personal loan.
Use when you have surplus funds to decide whether prepaying reduces total interest more than investing elsewhere.
Prepaying ₹2 lakh on a ₹30 lakh home loan can save ₹4-6 lakh in interest depending on timing and tenure.
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