EMI Calculator with Prepayment ⚡
Find out how loan prepayment can reduce your EMI, save lakhs in interest, and help you close your loan faster. Simple, fast, and 100% free.
EMI Calculator with Prepayment
Prepayment Details
After how many months do you plan to make the prepayment?
Without Prepayment
Monthly EMI
₹12,399
Total Interest
₹4,87,828
Total Payment
₹14,87,828
With Prepayment
New Monthly EMI
₹11,071
After month 12
New Total Interest
₹4,44,411
Interest Saved 💰
₹43,417
By prepaying ₹1,00,000
Why Use an EMI Prepayment Calculator?
EMI prepayment is one of the smartest ways to reduce your loan burden. By paying a lump-sum amount towards the principal, you significantly cut down interest costs and gain financial freedom faster. Our EMI Prepayment Calculator helps you visualize exactly how much you save.
Key Features
Interest Savings Breakdown
Clearly see how prepaying your loan reduces total interest and lowers your overall repayment burden.
Instant Prepayment Impact
Get real-time results showing updated EMI, interest savings, and loan impact after prepayment.
100% Private & Secure
All calculations run locally in your browser. Your loan and financial data never leaves your device.
How to Use the EMI Prepayment Calculator?
- 1.Enter Loan Details: Fill in loan amount, interest rate, and tenure.
- 2.Add Prepayment Amount: Enter the lump-sum amount you plan to prepay.
- 3.Select Prepayment Month: Choose when you’ll make the prepayment.
- 4.View Savings: Instantly see revised EMI, interest saved, and repayment impact.
Loan Types Where Prepayment Works Best
| Loan Type | Main Benefit | Ideal Timing |
|---|---|---|
| Home Loan Prepayment | Maximum interest savings over long tenure | Early loan years |
| Car Loan Prepayment | Faster loan closure | Mid-loan tenure |
| Personal Loan Prepayment | Reduce high interest cost | Anytime surplus funds are available |
| Education Loan Prepayment | Lower long-term financial stress | After employment starts |
EMI Prepayment FAQs
Start Saving Interest Today ⚡
Use the EMI Prepayment Calculator above and see how one smart payment can save you lakhs in interest.
Calculate Prepayment Savings