How this calculation works
Compare using a lump-sum prepayment to reduce EMI versus reduce tenure and see interest saved. The result is calculated locally in your browser from the visible inputs, and the method below remains available for checking.
Worked example
Prepaying ₹5 lakh after 36 months on a ₹40 lakh loan compares a lower EMI with a shorter payoff date.
Assumptions and limits
- Inputs use the units shown beside each field.
- Intermediate values retain precision; displayed values are rounded for readability.
Questions people ask
How does the Loan Prepayment Calculator work?
It applies this displayed method: The outstanding balance after scheduled instalments is reduced by the lump sum, then recalculated once at the original tenure and once at the original EMI. Values stay in your browser and are not submitted to a server.
What should I check before using the Loan prepayment result?
Inputs use the units shown beside each field. Intermediate values retain precision; displayed values are rounded for readability. This is an estimate, not a lender quote. Rates, fees, rounding and repayment rules vary by agreement.
Does this Loan prepayment calculator save my information?
No. Calculation inputs are processed on this device. Sharing creates a URL only when you choose the share action.