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Vol. 01 — Home Loan Prepayment Calculator

Pay it down, on your terms.

EMI₹83,644·
Loan amount₹1.00 Cr·
Rate8%·
Tenure20 years·
Total interest₹1.01 Cr·
Total payment₹2.01 Cr·
EMI₹83,644·
Loan amount₹1.00 Cr·
Rate8%·
Tenure20 years·
Total interest₹1.01 Cr·
Total payment₹2.01 Cr·
EMI₹83,644·
Loan amount₹1.00 Cr·
Rate8%·
Tenure20 years·
Total interest₹1.01 Cr·
Total payment₹2.01 Cr·
01

The Loan

₹1.00 Cr
₹
₹5 L₹5 Cr
8%
%
1%30%
20 years
yrsmo
1 yr30 yrs
1 May 2026
Monthly EMI · scenario
₹83,644
Effective term
20 years
Principal
₹1.00 Cr
₹1,00,00,000.00
Total Interest
₹1.01 Cr
101% of principal
Total Payment
₹2.01 Cr
₹2,00,74,562.40
02Repayment Events

Lump sums, monthly extras, or rate resets — in any order

No events yet. Add a prepayment, monthly extra, or a rate change.

—Disbursement

Enter each bank release — month and amount

No tranches yet. Add disbursal tranches — the month/year and amount for each bank release. Pre-EMI interest is calculated on the cumulative disbursed amount each month.

—

Loan Breakdown

Principal · Interest

MONTHLY EMI₹83.6K
Principal₹1.00 Cr50% of total
Interest₹1.01 Cr50% of total
03

Outstanding Balance

1Cr75L50L25L0K20262029203220352038204120442047
EMI #MonthOpeningEMIPrincipalInterestBalance
2026Jun 2026 – Dec 2026—₹5,85,508₹1,21,245
21% of EMI
₹4,64,263
79% of EMI
₹98,78,755
99% remaining
2027Jan 2027 – Dec 2027—₹10,03,728₹2,21,430
22% of EMI
₹7,82,298
78% of EMI
₹96,57,325
97% remaining
2028Jan 2028 – Dec 2028—₹10,03,728₹2,39,809
24% of EMI
₹7,63,920
76% of EMI
₹94,17,517
94% remaining
2029Jan 2029 – Dec 2029—₹10,03,728₹2,59,712
26% of EMI
₹7,44,016
74% of EMI
₹91,57,804
92% remaining
2030Jan 2030 – Dec 2030—₹10,03,728₹2,81,269
28% of EMI
₹7,22,460
72% of EMI
₹88,76,536
89% remaining
2031Jan 2031 – Dec 2031—₹10,03,728₹3,04,614
30% of EMI
₹6,99,114
70% of EMI
₹85,71,922
86% remaining
2032Jan 2032 – Dec 2032—₹10,03,728₹3,29,896
33% of EMI
₹6,73,832
67% of EMI
₹82,42,026
82% remaining
2033Jan 2033 – Dec 2033—₹10,03,728₹3,57,278
36% of EMI
₹6,46,450
64% of EMI
₹78,84,748
79% remaining
2034Jan 2034 – Dec 2034—₹10,03,728₹3,86,932
39% of EMI
₹6,16,797
61% of EMI
₹74,97,817
75% remaining
2035Jan 2035 – Dec 2035—₹10,03,728₹4,19,047
42% of EMI
₹5,84,681
58% of EMI
₹70,78,770
71% remaining
2036Jan 2036 – Dec 2036—₹10,03,728₹4,53,827
45% of EMI
₹5,49,901
55% of EMI
₹66,24,943
66% remaining
2037Jan 2037 – Dec 2037—₹10,03,728₹4,91,495
49% of EMI
₹5,12,233
51% of EMI
₹61,33,448
61% remaining
2038Jan 2038 – Dec 2038—₹10,03,728₹5,32,289
53% of EMI
₹4,71,440
47% of EMI
₹56,01,159
56% remaining
2039Jan 2039 – Dec 2039—₹10,03,728₹5,76,468
57% of EMI
₹4,27,260
43% of EMI
₹50,24,691
50% remaining
2040Jan 2040 – Dec 2040—₹10,03,728₹6,24,315
62% of EMI
₹3,79,413
38% of EMI
₹44,00,376
44% remaining
2041Jan 2041 – Dec 2041—₹10,03,728₹6,76,133
67% of EMI
₹3,27,595
33% of EMI
₹37,24,243
37% remaining
2042Jan 2042 – Dec 2042—₹10,03,728₹7,32,251
73% of EMI
₹2,71,477
27% of EMI
₹29,91,992
30% remaining
2043Jan 2043 – Dec 2043—₹10,03,728₹7,93,028
79% of EMI
₹2,10,700
21% of EMI
₹21,98,964
22% remaining
2044Jan 2044 – Dec 2044—₹10,03,728₹8,58,849
86% of EMI
₹1,44,879
14% of EMI
₹13,40,115
13% remaining
2045Jan 2045 – Dec 2045—₹10,03,728₹9,30,133
93% of EMI
₹73,595
7% of EMI
₹4,09,982
4% remaining
2046Jan 2046 – May 2046—₹4,18,218₹4,09,982
98% of EMI
₹8,236
2% of EMI
₹0
0% remaining
Loan Total₹2,00,74,561₹1,00,00,000₹1,00,74,561—

Home Loan Prepayment Calculator – Reduce EMI or Tenure (India)

How to use this Home Loan Prepayment Calculator

This free home loan prepayment calculator helps you see how lump‑sum prepayments, extra EMIs, and rate changes affect your EMI, tenure, and total interest for Indian home loans. You can create multiple scenarios, compare them side by side, and understand the impact before you commit.

Steps to use the calculator

  1. Enter your loan amount, interest rate, tenure, and dates as per your sanction letter.
  2. Add prepayment events, extra monthly EMI, or moratorium periods to match your real journey.
  3. Choose whether prepayments should reduce EMI or tenure in each scenario.
  4. Create additional scenarios (for example “Interest Saver” and “Cash Flow Friendly”) and compare their total interest, EMI, and end dates.

Reduce EMI vs Reduce Tenure – which saves more interest?

When you prepay a home loan, you usually get two options: keep the EMI constant and reduce the tenure, or reduce the EMI and keep the tenure similar. Both options are valid, but the interest savings and monthly cash‑flow impact are very different.

Quick comparison

OptionBest forWhat happens
Reduce TenureMaximising interest savingsEMI stays similar, loan ends earlier, interest drops most
Reduce EMIImproving monthly cash flowEMI reduces, loan runs longer, interest savings are lower

Our calculator lets you model both options on the same loan. You can see exactly how many months you save by reducing tenure, and how much EMI relief you gain by reducing EMI, along with the difference in total interest paid.

Plan multiple home loan scenarios

Real‑life home loans don't follow a straight line. You might change jobs, get a bonus, or plan a balance transfer. This tool lets you build multiple scenarios from the same base loan and test different strategies before you decide.

Example scenarios you can compare

  • No prepayment vs one‑time prepayment after 12 months.
  • Single large prepayment vs smaller recurring extra EMI every month.
  • Current bank vs balance transfer to a lower interest rate after a few years.
  • Aggressive “interest saver” prepayments vs a “cash‑flow friendly” plan with lower EMIs.

Home loan moratorium and missed EMI impact

Moratoriums and missed EMIs can give short‑term relief, but they also add interest and can extend your loan significantly. Instead of guessing, you can simulate these events and see the exact change in tenure and total cost.

What you can simulate

  • Add a moratorium period and see how interest accrues during the pause.
  • Model one or more missed EMIs and the resulting catch‑up payments.
  • Add fees and penal interest as separate events to see the true cost.
  • Compare a “no moratorium” scenario against a “moratorium” scenario to understand the trade‑offs.

Contact Me

Have a question, suggestion, or found a bug? Reach out directly:

srujjjn@gmail.com

FAQs on Home Loan Prepayment in India

A home loan prepayment calculator is a tool that shows how lump-sum payments or extra EMIs reduce your outstanding principal, interest cost, and tenure on a home loan. Instead of only giving a static EMI value, this calculator lets you model multiple prepayments over time and see their impact on your overall repayment schedule.
If your goal is to save maximum interest, reducing tenure is usually more effective because you cut down the number of months interest is charged. If you need better monthly cash flow, reducing EMI gives you immediate relief but often results in higher total interest compared to tenure reduction. The safest approach is to model both options for your actual loan and compare the end date and total interest side by side.
Yes. You can add multiple one-time prepayment events on different dates and also set up recurring extra EMI payments. The calculator rebuilds your amortisation schedule after each event, so you can see how a combination of yearly bonuses and small monthly overpayments changes your EMI, tenure, and total interest.
During a moratorium, EMIs are temporarily paused but interest usually continues to accrue on the outstanding principal. This accrued interest is then added back to your loan, increasing the total amount you repay and often extending the tenure. By simulating a moratorium period in the calculator, you can see how much extra interest you pay and how much later your loan will finish compared to a no-moratorium scenario.
Yes. You can model floating-rate loans by adding rate-change events on the dates when your lender resets the interest rate. Each rate change updates the schedule from that point onward, so you can see how rising or falling rates affect your EMI, tenure, and total interest over the life of the loan.
Within the app you can create multiple scenarios from the same base loan, each with its own prepayment strategy, moratorium assumptions, and rate changes. You can then compare two scenarios side by side at a time, which keeps the comparison clear while still showing meaningful differences in EMI, total interest, and loan end date.

This calculator is for informational purposes only and does not constitute financial advice.