Loan Prepayment & Part-Payment Calculator
See how much interest and time you save by prepaying your plot or home loan — one-time or every year.
Inputs
₹
₹ 30 Lakh
%
years
Prepayment
₹
₹ 5 Lakh
months
₹
Interest saved
₹10,44,707
Loan closes 4 years 1 month earlier
Interest without prepayment
₹26.39 L
Interest with prepayment
₹15.94 L
New tenure
10 years 11 months
was 15 years
Outstanding balance
Comparison
- EMI
- ₹31,327
- Total prepaid
- ₹5,00,000
- Total paid without prepayment
- ₹56,38,813
- Total paid with prepayment
- ₹45,94,107
- You save
- ₹10,44,707
How this calculator works
A prepayment reduces your outstanding principal. Keeping the EMI unchanged shortens the tenure (bigger saving); keeping the tenure lowers the EMI. Floating-rate loans to individuals carry no prepayment penalty per RBI rules.