Loan Prepayment Calculator
See how extra payments can reduce your loan tenure and interest paid.
Result will appear here
How to Use:
- Enter your original loan details: Amount, Annual Interest Rate, and Tenure in years.
- Select the type of prepayment you want to make (One-Time, Recurring Monthly, Recurring Yearly, or None to see original schedule).
- Enter the Prepayment Amount.
- If making a One-Time payment, specify after which month number it will be paid.
- Click the 'Calculate Prepayment Impact' button.
- The results will show your original EMI, the original vs. new loan tenure, time saved, and total interest saved due to prepayment.