Loan Prepayment Calculator

Estimate how a lump-sum loan prepayment could reduce your remaining tenure, monthly EMI and future interest.

Loan Details

Thirty Lakh Rupees

Prepayment

Three Lakh Rupees

CURRENT LOAN
Outstanding Amount: ₹30,00,000
Current Monthly EMI: ₹29,983
Remaining Tenure: 15 years
Remaining Interest: ₹23,97,023
Remaining Total Repayment:₹53,97,023
AFTER ₹3,00,000 PREPAYMENT
Reduced Principal₹27,00,000
KEEP EMI — FINISH EARLIER

Keep the monthly EMI approximately unchanged and reduce the remaining repayment period.

Interest Saved₹6,85,640
Monthly EMI:₹29,983
New Remaining Tenure:12 years 4 months
Tenure Reduction:2 years 8 months
Interest After Prepayment:₹17,11,383
KEEP TENURE — LOWER EMI

Keep the remaining repayment period unchanged and recalculate EMI on the reduced principal.

Interest Saved₹2,39,703
Revised Monthly EMI:₹26,985
EMI Reduction:₹2,998/month
Remaining Tenure:15 years
Interest After Prepayment:₹21,57,320
Results are planning estimates based on the assumptions entered and are not a recommendation to choose either repayment approach.
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Calculator Disclaimer: This calculator provides indicative estimates based on the values you enter and assumes an immediate lump-sum prepayment, a constant interest rate and reducing-balance repayment. Actual lender treatment may differ, and prepayment or foreclosure charges, lock-in conditions, limits or other terms may apply. Tax effects and alternative uses of the prepayment amount are not considered. Results are not a recommendation to choose either repayment approach.