Loan Prepayment Calculator
When a borrower makes a lump-sum part-prepayment, they can either reduce their monthly EMI (keeping tenure same) or reduce their tenure (keeping EMI same). This calculator shows both scenarios and the interest savings from the prepayment.
₹
₹1 L
₹1 Cr
%
1%
20%
M
12 M
360 M
M
0 M
Tenure – 1
₹
₹1,000
Outstanding Balance
Total Interest Saved
₹0
Current EMI₹0
Outstanding Balance₹0
New Principal₹0
New Tenure0 Months
New EMI₹0