Calculators / EMI & Prepayment
Loan Prepayment Calculator
Home, car or personal loan: see how much interest you save by paying a little extra each month, or putting your bonus into the loan.
Monthly EMI
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Interest saved
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Loan ends
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| No prepayment | With prepayment | |
|---|---|---|
| Total interest | ||
| Tenure |
Assumes the EMI stays the same and prepayments reduce tenure, which is how most banks apply them by default. Floating-rate home loans have no prepayment penalty for individuals; check your lender's terms for other loans.