Free Tool

Loan Prepayment Calculator

See how much interest and time you save by prepaying

Loan Amount₹10,00,000

Interest Rate (%)10.5%

Tenure (Months)240 Mo

Prepayment Frequency

Lump Sum Amount₹5,000

Start Prepaying After (Month)12

Interest Saved

₹31,020

⏱ Tenure Reduced By

3 Months

(0.3 Years sooner)

Parameter

Baseline

With Prepay

Difference

Base EMI

₹9,984

Unchanged

Total Interest

₹13,96,112

₹13,65,092

₹31,020

Prepayments Made

₹0

₹5,000

Extra Principal

• Choosing one time channels changes how aggressively your loan principal collapses.
• Setting up Weekly prepayments behaves like an automated acceleration engine, peeling down compound interest tracking with micro-payments.
• Banks generally divert prepayments into reducing loan tenure while keeping standard EMIs steady.