← All Money Tools
Home Loan Prepayment
What could a one-time home-loan prepayment change?
Enter the current outstanding loan, interest rate, remaining tenure and the amount you are considering prepaying. The tool keeps the EMI broadly unchanged and estimates how much earlier the loan could finish.
Actual lender treatment can differ
Some lenders reduce tenure, some reduce EMI, and some let you choose. This illustration assumes the EMI stays broadly the same after prepayment.
Enter the current loan details and the prepayment you are considering.
Estimated tenure saved
What this means
Current estimated EMI
Interest without prepayment
Interest after prepayment
Estimated interest saved
The illustration assumes the same interest rate continues and the EMI remains broadly unchanged after prepayment.
Prepayment usually changes either EMI, tenure, or both
Before paying, check how your lender will apply the prepayment, whether any minimum amount or process applies, and whether your loan has any relevant charges or conditions.
Illustration only. Actual lender schedules differ because of payment dates, rate resets, rounding and lender methodology. Check your current loan statement and lender terms before acting.