About this tool
Compare a remaining loan scenario before and after an entered part-prepayment. Review the model’s remaining interest and tenure figures alongside any lender charges or payment-timing rules.
Calculations and file processing run in this browser tab. The tool does not send working inputs or files to our hosting server.
मुख्य इनपुट और नियंत्रण हिंदी में देखने के लिए ऊपर “🇮🇳 हिंदी में देखें” चुनें। गणना और फ़ाइल प्रोसेसिंग इसी ब्राउज़र टैब में होती है; टूल आपके इनपुट हमारी होस्टिंग पर नहीं भेजता।
Features
- Work with Current Outstanding Loan Principal (₹); Annual Interest Rate (% p.a.); Remaining Tenure (Months).
- Review Interest Saved; Tenure Reduced By; Original Remaining Interest in the result breakdown.
Benefits
- Estimate the effect of an extra principal payment.
- Compare the revised repayment horizon with the original scenario.
Who should use this tool?
- Borrowers considering part-prepayment.
- People reviewing an outstanding loan schedule.
How to use
- Complete the labelled fields for your scenario, including Current Outstanding Loan Principal (₹); Annual Interest Rate (% p.a.); Remaining Tenure (Months). Use the units shown beside each field.
- Try the example labelled “₹30L Outstanding @ 8.75% (180 Mos) + ₹3L Prepayment” if you want to check the workflow first.
- Select Calculate / Run Tool and review Net Interest & Tenure Saved and Interest Saved; Tenure Reduced By.
- Check the assumptions and limitations below. Adjust a value to compare scenarios, then copy or download the result you need.
Try these worked examples
| Scenario | Example inputs | Example result |
|---|---|---|
| ₹30L Outstanding @ 8.75% (180 Mos) + ₹3L Prepayment | Current Outstanding Loan Principal (₹): 3000000Annual Interest Rate (% p.a.): 8.75Remaining Tenure (Months): 180Lump-Sum Part Prepayment Today (₹): 300000 | Save ₹6,85,694 Interest & 32 EMIs (2.7 Years) |
| ₹20L Outstanding @ 9.0% (120 Mos) + ₹2L Prepayment | Current Outstanding Loan Principal (₹): 2000000Annual Interest Rate (% p.a.): 9Remaining Tenure (Months): 120Lump-Sum Part Prepayment Today (₹): 200000 | Save ₹2,59,504 Interest & 18 EMIs (1.5 Years) |
Reference and processing
RBI Floating Rate Home Loan Zero Foreclosure Charge Guidelines · Listed applicability: 2025-2026
Calculations and file processing run in this browser tab. The tool does not send working inputs or files to our hosting server.
FAQs
Will the lender apply my prepayment exactly as shown?
The lender can have specific processing dates, charges and options for changing EMI or tenure. Confirm how the payment will be applied to the actual account.
Which inputs do I need for Home Loan Part-Prepayment & Tenure Reduction Calculator?
Use Current Outstanding Loan Principal (₹); Annual Interest Rate (% p.a.); Remaining Tenure (Months); Lump-Sum Part Prepayment Today (₹). The built-in examples show how those fields fit together.
What should I check before using this result?
Per RBI directives, banks cannot charge prepayment/foreclosure penalties on floating-rate loans taken by individuals for non-business purposes. Check current official rules and your own circumstances before making a filing or financial decision.
What happens to the information I enter?
Calculations and file processing run in this browser tab. The tool does not send working inputs or files to our hosting server. Tool favourites save only tool IDs in this browser. Sharing sends the tool link, not your working values or files.