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Home Loan Prepayment Calculator
Planning to prepay / part pay your home loan? The interest and the tenure that can be reduced.
Outstanding Loan amount
10L
1000L
Rate of Interest (%)
1
15
Tenor (yrs)
1
30
Prepayment Amount
50000
5000000
The Month in which the prepayment is done
10
240
How much interest is saved due to prepayment?
₹ 4,83,956
Tenure reduced due to prepayment
₹ 10 Months
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Disclaimer: Please note that the calculations displayed by this tool may not be 100% accurate, correct and/or complete and that they are intended solely for general information and education purposes. You should not take any action on the basis of the information provided by this application as it should NOT be considered as a substitute for any professional financial service or advice. The creator of this calculator is in no way liable of any actions that might be taken by users.