Last updated: October 2026

🏡 Home Loan Prepayment Calculator

Got a bonus or extra savings? Our home loan prepayment calculator shows exactly how much interest you'll save and how many years you'll cut from your loan by prepaying.

Prepayment ka Asar — ₹40 Lakh Loan @9%, 20 Years

Normal EMI ₹34,713/month, bina prepayment ke total interest ₹43.31 lakh. Prepayment se kitna bachega:

Prepayment Strategy	Interest Saved	Loan Jaldi Khatam
₹1 lakh/year extra	~₹16.95 lakh	~7 saal pehle
₹2 lakh/year extra	~₹23.81 lakh	~10 saal pehle
₹5 lakh one-time (pehle saal)	~₹15.27 lakh	~4.8 saal pehle

Prepayment vs SIP: imaandaar hisab

Sawaal aata hai — prepay karein ya invest? Dekhein: home loan @9% par prepayment ka matlab hai guaranteed 9% return (tax-free, kyunki interest bachta hai). SIP me 12% expected return hai par guaranteed nahi aur market risk hai. Rule of thumb: agar aap risk nahi lena chahte to prepay karein; agar lambe samay tak invest kar sakte hain aur volatility jhel sakte hain to SIP soch sakte hain. Dono me split karna bhi samajhdari hai — jaise 50% prepay, 50% SIP.

RBI ke niyam: prepayment charges

Floating rate home loans par RBI ne prepayment/foreclosure charges ban kar rakhe hain — bank aapse penalty nahi le sakta. Lekin fixed rate loans par 2–5% charge lag sakta hai. Prepay karne se pehle apne loan agreement me ye clause zaroor check karein.

Prepay karne ka sabse sahi time

Loan ke pehle 5–7 saalon me prepayment ka sabse zyada fayda hota hai, kyunki shuruaati EMIs me interest ka hissa sabse zyada hota hai. 15वें saal me ₹2 lakh prepay karne se utna fayda nahi jitna pehle saal me ₹2 lakh se. Bonus, increment ya maturity amount mile — turant prepay karein, "baad me" mat sochein.

⚠️ Assumptions & Limitations

Calculation me koi prepayment penalty nahi maani gayi hai (floating rate home loans par RBI ke niyam ke tahat).
Prepayment principal par lagti hai — EMI same rehti hai, tenure ghatta hai (calculator ka default behavior).
Table ke figures illustrative hain — actual savings aapke exact amortisation schedule par depend karegi.
Fixed-rate loans par prepayment charges (2–5%) lag sakte hain — pehle bank se confirm karein.
Emergency fund khaali karke prepay na karein — 6 mahine ka kharcha hamesha reserve rakhein.

Home Loan Prepayment Calculator

Ek saath extra payment se kitna interest bachega, tenure kitna katega?

Loan amount

₹5 lakh₹2 crore

Interest rate

1%20%

Remaining tenure

1 year30 years

One-time prepayment

₹0₹50 lakh

Interest bachat₹18,39,287

Tenure kam65 mahine

Nayi tenure14y 7m

EMI same rehti hai, tenure ghatta hai. Prepayment loan ki shuruaat me maan kar calculate kiya gaya.

⚠️ Ye sirf estimate hai, financial advice nahi hai. Disclaimer padhein.

Prepayment se kya fayda?

EMI same rakh kar ek saath extra amount chukane se principal jaldi ghatta hai, jisse total interest bachta hai aur loan jaldi khatm hota hai. Lender se prepayment charges confirm kar lein.

How to Use

Enter your outstanding loan amount and rate.
Set the remaining tenure.
Add a one-time or yearly prepayment amount.
See interest saved and months reduced.

Formula

The calculator re-simulates your amortisation schedule with prepayments applied to principal: each prepayment directly reduces the outstanding balance, cutting future interest. Interest saved = original total interest − new total interest.

💡 Example

Example: ₹40 lakh loan, 9%, 20 years left. Prepay ₹2 lakh/year → save ≈ ₹25+ lakh interest and finish ~10 years early.

FAQs — Home Loan Prepayment Calculator

If your loan rate exceeds expected investment returns (after tax), prepaying usually wins. Our guide on prepayment vs SIP analyses this in detail.

No charges on floating-rate home loans for individuals (RBI rule). Fixed-rate loans may have charges — check your agreement.

Reducing tenure saves far more interest than reducing EMI. Always choose tenure reduction if you can afford the EMI.

Early in the loan tenure — that's when the interest component is highest, so prepayments save the most.

Floating rate home loans par RBI ne prepayment charges ban kar rakhe hain — koi penalty nahi lagegi. Lekin fixed rate home loans par bank 2–5% charge le sakta hai. Prepay karne se pehle apne loan documents me 'prepayment clause' zaroor padhein.

Tenure ghatana aam taur par behtar hai — isse total interest sabse zyada bachta hai. EMI kam karvana tab chunein jab monthly cash flow tight ho aur aapko rahat chahiye. Dono ka farak upar calculator me khud compare karke dekhein.

Related Guides

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📖 Prepayment vs SIP →📖 Saal Me 13 EMI Trick →📖 EMI Kam Karne Ke Tarike →

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