Loan Prepayment Calculator
See how much interest you save and how many months you cut from your tenure when you prepay a home, car, personal or education loan.
यहाँ से शुरू करें
- क्या भरें
- आज का बकाया, दर, बाकी अवधि और अतिरिक्त भुगतान की रकम व समय भरें।
- नतीजे का मतलब
- ब्याज बचत सामान्य चुकौती से तुलना है; निर्धारित EMI वही रहती है।
उदाहरण और सीमाएँ देखें
- आसान उदाहरण
- ₹5,000 अतिरिक्त मासिक से 12 महीनों में ₹60,000 जुड़ते हैं, बचे बकाये तक।
- ध्यान रखें
- मॉडल अवधि घटाता है, EMI नहीं। बदलती दर और प्रीपेमेंट शुल्क शामिल नहीं; आपातकालीन नकद बचाएँ।
अपना परिणाम कैलकुलेट करें
अपने आँकड़े दर्ज करें। बदलाव के साथ अनुमान और चार्ट अपडेट होंगे।
ऋण
प्रीपेमेंट
- बचाया गया ब्याज
- ₹18,44,718
- ₹18.45L
- अवधि कम हुई
- 67 महीने
- 5.6 वर्ष
- नया कुल ब्याज
- ₹35,69,160
आपके आँकड़ों का मतलब
Without prepaying, you would pay ₹54.14L in interest — 108% of the loan.
Early EMIs are mostly interest, which is why money paid towards principal in the first years saves the most.
Your prepayments cut total interest by 34%.
The loan closes 67 months early because extra payments reduce principal directly, so later EMIs carry less interest.
Paying the ₹2L lump sum in month 1 instead would save another ₹50,276.
The earlier principal drops, the fewer months it accrues interest.
Adding ₹4,300 more each month (10% of your EMI) would save a further ₹5.86L.
Raising your monthly prepayment as your income grows is one of the simplest ways to become debt-free sooner.
प्रीपेमेंट के साथ वर्ष-वार मूलधन बनाम ब्याज
Each year’s payments, split into principal and interest. The table also shows your remaining balance.
View repayment data
| Year | Principal paid | Interest paid | Closing balance |
|---|---|---|---|
| 1 | ₹3,61,905 | ₹4,18,789 | ₹46,38,095 |
| 2 | ₹1,93,894 | ₹3,86,800 | ₹44,44,201 |
| 3 | ₹2,11,033 | ₹3,69,661 | ₹42,33,168 |
| 4 | ₹2,29,686 | ₹3,51,008 | ₹40,03,482 |
| 5 | ₹2,49,988 | ₹3,30,706 | ₹37,53,494 |
| 6 | ₹2,72,085 | ₹3,08,609 | ₹34,81,409 |
| 7 | ₹2,96,135 | ₹2,84,559 | ₹31,85,275 |
| 8 | ₹3,22,310 | ₹2,58,384 | ₹28,62,964 |
| 9 | ₹3,50,800 | ₹2,29,894 | ₹25,12,165 |
| 10 | ₹3,81,807 | ₹1,98,887 | ₹21,30,358 |
| 11 | ₹4,15,555 | ₹1,65,139 | ₹17,14,802 |
| 12 | ₹4,52,287 | ₹1,28,407 | ₹12,62,516 |
| 13 | ₹4,92,265 | ₹88,429 | ₹7,70,251 |
| 14 | ₹5,35,776 | ₹44,918 | ₹2,34,475 |
| 15 | ₹2,34,475 | ₹4,971 | ₹0 |
अपनी गणना समझें
Prepaying a loan is one of the simplest financial moves a borrower can make to save money. The mechanics are straightforward. You pay more than the EMI, the extra money reduces the principal, and the interest savings flow from the new lower balance for the rest of the tenure. The loan prepayment calculator on this page tells you exactly how much interest you save and how many months you shorten the tenure for any combination of extra monthly payments and one time lump sum prepayments.
Loan Prepayment Calculator क्यों उपयोग करें
Compare ₹5,000 extra each month with a ₹5 lakh lump sum in year three. Check both the interest saving and whether the cash commitment leaves enough emergency savings.
Loan Prepayment Calculator कैसे उपयोग करें
- 1
Enter your current loan details
Use the current outstanding principal, annual rate and remaining tenure. For a new loan, these are the starting principal and original tenure. The model recomputes a baseline EMI for those inputs rather than importing your lender's current EMI.
- 2
Set the extra monthly payment
The amount you can afford to pay above the regular EMI each month. Even 2,000 to 5,000 rupees a month extra adds up to large savings on a long tenure loan.
- 3
Set a one time prepayment if applicable
If you have a lump sum coming in (annual bonus, FD maturity, ESOP exercise), enter the amount and the month it lands. The calculator applies the prepayment at that month and recomputes everything.
- 4
Read the interest saved and months shortened
Compare the new total interest with the baseline. The difference is your saving. The months shortened tells you when the loan ends under the prepayment plan versus the original schedule.
उदाहरण
₹50 lakh loan: ₹5,000 extra a month plus ₹2 lakh in month 12
The defaults are a ₹50,00,000 loan at 8.5% for 20 years (EMI ₹43,391), an extra ₹5,000 every month and a one-time ₹2,00,000 in month 12. Interest falls from ₹54,13,879 to ₹35,69,160 and the loan closes in 173 months instead of 240.
- Interest without prepayment
- ₹54,13,879
- Interest with prepayment
- ₹35,69,160
- Interest saved
- ₹18,44,718
- Tenure saved
- 67 months (5 years 7 months)
Every rupee prepaid early skips years of interest, which is why month 12 beats month 120 for the same lump sum.
इसकी गणना कैसे होती है
The baseline EMI is EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1), with r = annual rate ÷ 12 ÷ 100 and n = tenure in months. That EMI stays fixed in the prepayment scenario.
Each month: interest = balance × r, scheduled principal is EMI − interest, and any extra monthly amount (plus the one-time amount in its chosen month) is added on top. The total principal paid is capped at the balance, so the loan can't go negative.
Because the EMI doesn't change, prepayment shortens the tenure. Interest saved = baseline total interest − prepaid total interest, and tenure saved is the difference in the number of months each schedule runs.
मान्यताएँ और सीमाएँ
- Keeps the recomputed baseline EMI and reduces tenure, not EMI.
- Extra monthly and one-time payments apply after the scheduled payment in the selected month; prepayments after payoff are not charged.
- Fixed nominal APR is divided by 12. Rate resets, prepayment fees and tax effects are excluded.
- Cash totals include actual capped payments and one-time prepayment; yearly rows include partial final years.
अक्सर पूछे जाने वाले प्रश्न
Should I prepay my home loan or invest the surplus?
Compare the post tax cost of the loan against a conservative post tax return assumption for the alternative investment. Investing may win on expected return for some borrowers, but prepayment offers a certain reduction in loan interest. Many borrowers split the surplus between both.
Are there penalties for prepaying a loan in India?
Prepayment-charge rules depend on rate type, loan purpose, lender category and the directions applicable to the sanction or renewal date. RBI has issued Pre-payment Charges on Loans Directions, 2025. Check those rules and the written loan agreement instead of assuming a universal penalty or exemption. This calculator excludes any applicable charge.
Should I shorten the tenure or lower the EMI after prepayment?
Shortening the tenure usually saves more total interest because the loan ends earlier and stops generating interest sooner. Lowering the EMI gives more monthly cash flow flexibility but extends the interest accrual period. For most borrowers focused on minimising lifetime cost, tenure shortening is the better choice.
Is it better to prepay early in the loan or later?
Earlier prepayment saves more interest because the outstanding principal is larger in the early years. The same prepayment in year 2 of a 25 year loan saves significantly more interest than the same amount in year 20, when the balance is much smaller and most of the interest has already been paid.
Can I do partial prepayment monthly along with the EMI?
Yes. Most banks allow part prepayments in any month, often with a minimum amount (typically equal to one EMI). The system applies the part payment to principal, recomputes the outstanding balance and either shortens the tenure or lowers the EMI based on your standing instruction. The calculator models this through the extra monthly payment field.
What is the loan to investment break even rate?
Compare the effective post-tax borrowing cost with the expected post-tax investment return on the same cashflow timing. Loan APR and effective annual investment return are not identical rate conventions. Investment returns are uncertain; a higher headline return does not guarantee investing will outperform prepayment.
Will my CIBIL score improve after I prepay a loan?
Closing a loan in full reduces your debt to income ratio and improves your credit utilisation, both of which positively affect CIBIL. However, closing a loan also removes a credit account from your history, which can slightly reduce your overall credit length and momentarily dip your score. The net effect is usually positive within 2 to 3 months.