Calculate Your Loan Prepayment Savings
See how much interest you can save by making extra payments towards your home loan.
₹5,00,00,000
₹5 Lakh₹50 Crore
8.50%
5%15%
20 years
5 years30 years
0 months
0 months240 months
₹5,00,000
₹1 Lakh₹50 Lakh
Interest Savings
₹5,41,388
Save 1% on interest
Tenure Reduction
-1Y -1M
Complete loan -1 years -1 months earlier
Total Prepayment
₹5,00,000
Amount you'll prepay
Comparison: With vs Without Prepayment
| Parameter | Without Prepayment | With Prepayment | Savings/Benefit |
|---|---|---|---|
| Monthly EMI | ₹4,33,912 | ₹4,29,573 | ₹4,339 |
| Total Interest Payable | ₹5,41,38,788 | ₹5,35,97,400 | ₹5,41,388 |
| Remaining Tenure | 240 months | 241 months | -1 months saved |
💡 Prepayment Tips
- ✓ Prepay after 5 years to avoid prepayment charges on most loans
- ✓ Even small monthly prepayments add up to significant savings
- ✓ Check with your bank if there are prepayment charges (usually on fixed-rate loans)
- ✓ Floating-rate loans typically have zero prepayment penalty
- ✓ Consider your overall financial goals before prepaying