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Loan Prepayment Calculator

Even a modest extra payment every month can cut years off a loan. See the exact interest saved for your numbers.

Loan prepayment calculator
Loan amount₹40,00,000
Interest rate / year8.5%
Original tenure20 yrs
Extra payment every month₹5,000
Interest saved
₹0
by paying extra every month.
Original EMI₹0
New tenure
Time saved
Total interest (original vs new)₹0
Extra payments go straight toward principal — even a modest amount saved consistently can cut years off a home loan.

How this works

Extra payments go straight toward principal, which compounds — prepaying early in a loan's life saves meaningfully more interest than the same extra amount paid later, since interest is front-loaded in standard amortization.

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