Loan Prepayment Calculator

See how extra payments can reduce your loan tenure and interest paid.

Result will appear here

How to Use:

  1. Enter your original loan details: Amount, Annual Interest Rate, and Tenure in years.
  2. Select the type of prepayment you want to make (One-Time, Recurring Monthly, Recurring Yearly, or None to see original schedule).
  3. Enter the Prepayment Amount.
  4. If making a One-Time payment, specify after which month number it will be paid.
  5. Click the 'Calculate Prepayment Impact' button.
  6. The results will show your original EMI, the original vs. new loan tenure, time saved, and total interest saved due to prepayment.