Loan Prepayment Calculator
Compare two prepayment outcomes in one place. Use the same loan inputs, switch between EMI Impact and Tenure Impact, and keep your scenario saved locally on this device.
Loan inputs
Use the current outstanding balance and remaining tenure, not the original sanction amount. EMI start month is used for date-based labels.
Loan amount
Tenure years
Tenure months
Interest rate
EMI start month
Prepayment schedule
Add one or more lump-sum prepayments. Each month can hold one scheduled entry.
EMI impact
Current EMI is ₹58,482 and the original tenure remains 20 years.
EMI before prepayment
₹58,482
EMI after prepayment
₹58,482
Monthly reduction
₹0
Total saving
₹0
Total interest paid
₹75,35,725
Tenure
20 years
Visual comparisons
These visuals read directly from the same amortization run as the summary cards.
EMI before vs after
Total outgo
Yearly schedule
Yearly totals are aggregated from the month-by-month run and stay responsive on smaller screens using a scroll container.
| Year | Average EMI | Interest paid | Principal repaid | Prepayment | Total paid | Closing balance | Repaid |
|---|---|---|---|---|---|---|---|
| Year 1 | ₹58,482 | ₹5,80,060 | ₹1,21,726 | ₹0 | ₹7,01,786 | ₹63,78,274 | 1.9% |
| Year 2 | ₹58,482 | ₹5,68,641 | ₹1,33,145 | ₹0 | ₹7,01,786 | ₹62,45,129 | 3.9% |
| Year 3 | ₹58,482 | ₹5,56,151 | ₹1,45,635 | ₹0 | ₹7,01,786 | ₹60,99,494 | 6.2% |
| Year 4 | ₹58,482 | ₹5,42,490 | ₹1,59,296 | ₹0 | ₹7,01,786 | ₹59,40,198 | 8.6% |
| Year 5 | ₹58,482 | ₹5,27,547 | ₹1,74,239 | ₹0 | ₹7,01,786 | ₹57,65,958 | 11.3% |
| Year 6 | ₹58,482 | ₹5,11,202 | ₹1,90,584 | ₹0 | ₹7,01,786 | ₹55,75,374 | 14.2% |
| Year 7 | ₹58,482 | ₹4,93,324 | ₹2,08,462 | ₹0 | ₹7,01,786 | ₹53,66,911 | 17.4% |
| Year 8 | ₹58,482 | ₹4,73,769 | ₹2,28,018 | ₹0 | ₹7,01,786 | ₹51,38,894 | 20.9% |
| Year 9 | ₹58,482 | ₹4,52,379 | ₹2,49,407 | ₹0 | ₹7,01,786 | ₹48,89,486 | 24.8% |
| Year 10 | ₹58,482 | ₹4,28,983 | ₹2,72,803 | ₹0 | ₹7,01,786 | ₹46,16,683 | 29.0% |
| Year 11 | ₹58,482 | ₹4,03,392 | ₹2,98,394 | ₹0 | ₹7,01,786 | ₹43,18,289 | 33.6% |
| Year 12 | ₹58,482 | ₹3,75,400 | ₹3,26,386 | ₹0 | ₹7,01,786 | ₹39,91,903 | 38.6% |
| Year 13 | ₹58,482 | ₹3,44,783 | ₹3,57,003 | ₹0 | ₹7,01,786 | ₹36,34,900 | 44.1% |
| Year 14 | ₹58,482 | ₹3,11,294 | ₹3,90,492 | ₹0 | ₹7,01,786 | ₹32,44,407 | 50.1% |
| Year 15 | ₹58,482 | ₹2,74,663 | ₹4,27,123 | ₹0 | ₹7,01,786 | ₹28,17,284 | 56.7% |
| Year 16 | ₹58,482 | ₹2,34,596 | ₹4,67,190 | ₹0 | ₹7,01,786 | ₹23,50,094 | 63.8% |
| Year 17 | ₹58,482 | ₹1,90,770 | ₹5,11,016 | ₹0 | ₹7,01,786 | ₹18,39,078 | 71.7% |
| Year 18 | ₹58,482 | ₹1,42,833 | ₹5,58,953 | ₹0 | ₹7,01,786 | ₹12,80,125 | 80.3% |
| Year 19 | ₹58,482 | ₹90,400 | ₹6,11,386 | ₹0 | ₹7,01,786 | ₹6,68,739 | 89.7% |
| Year 20 | ₹58,482 | ₹33,048 | ₹6,68,739 | ₹0 | ₹7,01,786 | ₹0 | 100.0% |
Related Calculators
Disclaimer
Banks may levy part-payment or foreclosure fees that are not included here.
The calculation assumes the interest rate remains unchanged for the full modelled period.
Tax impact and lender-specific processing charges are excluded from the estimate.
Frequently asked questions
1. What is the difference between EMI Impact and Tenure Impact?
EMI Impact keeps the original tenure fixed and recalculates the EMI downward after a prepayment. Tenure Impact keeps the EMI fixed and uses the prepayment to close the loan earlier.
2. Does the same prepayment save more under tenure reduction?
Usually yes. Reducing tenure removes future interest-bearing months, so the total saving is often larger than the EMI-reduction path for the same part-payment amount.
3. Why do I enter the outstanding balance and remaining tenure?
The calculator models your loan from today onward, so it needs the balance still outstanding and the months left to run rather than the original sanction terms.
4. What happens if a prepayment is larger than the balance available?
The calculator caps it to the maximum sensible amount for that month so the loan closes cleanly and never goes negative.