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Loan Prepayment Calculator

See exactly how much interest you save and how many months you cut off your loan by prepaying. Choose a one-time lump-sum prepayment or an extra amount every month — your EMI stays the same and the tenure shrinks.

Interest Saved
Tenure Reduced
New Tenure
Original Interest
New Interest
Outstanding balance: original vs with prepayment

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Frequently Asked Questions

Does prepaying a loan save money?

Yes. Prepayment lowers the outstanding principal so less interest accrues. Keeping the same EMI after prepaying shortens the tenure and saves a large amount of interest.

Lump sum or extra monthly — which saves more?

Both help. A one-time lump sum early in the loan saves the most; steady extra monthly payments also cut tenure and interest over time.