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Loan Prepayment Calculator
Save Lakhs in Interest

See exactly how much interest and years you save by making extra payments on your home loan. Every ₹1,000 extra counts.

⚡ Prepayment Savings Calculator

Outstanding Loan Amount

₹

Interest Rate

% p.a.

Remaining Tenure

Years

Annual Prepayment

₹

🎉 Your Prepayment Savings

Interest Saved

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Years Saved

—

New Tenure

—

Total Savings

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Why Prepayment is the Best Investment You Can Make

Prepaying your home loan is like getting a guaranteed tax-free return equal to your loan interest rate. If your loan is at 8.50%, every extra rupee you put in saves you 8.50% guaranteed — far better than a savings account or FD at 6–7%.

No penalty on floating rate loans — RBI mandates zero prepayment penalty on all floating rate home loans.

Reduces principal, not just EMI — prepayments go directly to reducing your outstanding loan balance.

Compounding benefit — the earlier you prepay, the more interest you avoid since interest is charged on the remaining balance.

Mental peace — being debt-free years earlier has an enormous psychological benefit beyond just the financial saving.

💡 Best strategy: Even ₹50,000–1,00,000 per year in the first 5 years of a home loan can save ₹10–20 lakhs in interest and cut 3–5 years off your tenure. Use your annual bonus for this purpose.

Loan Prepayment CalculatorSave Lakhs in Interest

Why Prepayment is the Best Investment You Can Make

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Loan Prepayment Calculator
Save Lakhs in Interest