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Prepayment Savings Calculator

Making part-payments towards your principal can drastically reduce your loan tenure and save you massive amounts of interest. Find out how much.

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Prepayment Calculator

See how part-payments reduce your tenure and save interest

Outstanding Loan Amount30.0 Lakhs
Interest Rate (% p.a.)8.50%
Remaining Tenure15 Years
Prepayment Amount5,00,000
Time & Money Saved
Interest Saved
9.77L
Time Saved
4Y 2M
Current EMI (Unchanged):29,542
New Tenure:10 Years 10 Months

How to Use This Calculator

1

Enter your Current Outstanding Loan Amount.

2

Enter your Interest Rate and Remaining Tenure.

3

Enter the Prepayment Amount you plan to pay.

4

The calculator will instantly show your revised tenure and total interest saved.