Loan Prepayment Calculator

Calculate how much you can save in interest and reduce your loan tenure by making prepayments.

Input Parameters
Adjust the values to calculate the impact of prepayment
2,000,000
₹1 Lakh₹1 Crore
8.5%
1%20%
20 years
1 year30 years
500,000
3 years
Results
Impact of prepayment on your loan

Monthly EMI

17,356

(Remains the same after prepayment)

Interest Savings

1,027,369

Loan Tenure Reduction

10 years and 4 months

(New tenure: 9.7 years)

Without Prepayment

Total Interest

2,165,552

Total Payment

4,165,552

Loan Tenure

20 years

With Prepayment

Total Interest

1,138,183

Total Payment

3,138,183

Loan Tenure

9.7 years

Original Interest2,165,552
Interest After Prepayment1,138,183
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Prepayment Calculator FAQ

Frequently asked questions about this calculator

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