Loan Prepayment

Loan prepayment calculator for interest saved

Compare your current loan path against extra monthly and one-time prepayments to estimate interest saved and time reduced.

Calculator

How much interest can you save?

Live estimate
Interest saved-
Time reduced-
New closure time-

Formula

Compare normal loan vs prepayment path

The calculator estimates your regular EMI, simulates monthly repayment, and compares it with a prepayment scenario.

Interest saved = Normal interest - Interest after prepayment

FAQ

Does prepayment reduce EMI or tenure?

This calculator assumes EMI stays the same and tenure reduces, which is often the fastest way to save interest.

Should I prepay or invest?

Compare loan rate, investment return, liquidity needs, and peace of mind. This tool only estimates loan savings.