Loan Prepayment Calculator

See how a lump-sum or extra monthly payment cuts your loan interest and tenure.

Outstanding loan principal

Annual interest rate

Remaining tenure (years)

One-time lump-sum prepayment

Extra every month

Strategy

Interest saved

How prepayment helps

A lump-sum or extra monthly payment reduces the outstanding principal immediately, so all the future interest that balance would have earned is saved. Keeping your EMI the same after a prepayment shortens the loan; reducing the EMI keeps the tenure but lowers the monthly outgo.