Under Development: DhanRadar is currently in pre-release. All content is for testing purposes only, may be inaccurate or incomplete, and should not be relied upon or used for any financial or investment decisions until the official launch.

←
Loan Prepayment Calculator
See how prepaying cuts your loan tenure and interest.

Your Loan & Prepayment

Drag the sliders — the savings update instantly.

Outstanding LoanHow much you borrow
₹1,00,000₹10,00,00,000
Interest RateThe yearly interest rate on the loan
5%20%
Remaining TenureHow many years to repay the loan
1 yr30 yrs
One-time PrepaymentA lump sum you pay now toward the loan
₹0₹1,00,00,000
Extra Per MonthExtra you pay every month on top of the EMI
₹0₹2,00,000
Interest Saved
₹17,59,209
EMI stays at ₹43K/mo
Time Saved
4y 4m
Loan clears sooner
New Loan Term
15y 8m
Was 20y
Total Interest Now
₹36,54,670
Was ₹54.14L
✦

Before vs After Prepaying

Without prepayment
Term: 20y
Interest: ₹54,13,879
With prepayment
Term: 15y 8m
Interest: ₹36,54,670

Prepaying saves ₹17,59,209 in interest and clears the loan 4y 4m sooner. Early prepayments save the most, since more of each early EMI is interest.

✦

What If…

More prepayment, more saved
Prepay ₹1L more₹6L
₹20.26L
₹2.67L more saved
Prepay ₹5L more₹10L
₹29.08L
₹11.48L more saved
Pay ₹5,000/mo extra+₹5K/mo
₹25.44L
₹7.85L more saved
✦

AI Insights

DhanRadar AI

Prepaying ₹1L more now would save about ₹2,66,916 more in interest — prepayments early in the loan save the most.

Paying ₹5,000 more each month would clear the loan about 2y 11m sooner than your current plan.

Your prepayment cuts the term from 20y to 15y 8m and saves ₹17,59,209 in interest, with the EMI staying at ₹43K/mo.

For education only — not financial advice. These figures illustrate how prepayment changes your own loan; they are not a recommendation. Check your lender's prepayment terms and any charges before acting.

✦

Related Calculators

Home Loan EMI Calculator
See your monthly EMI and how much interest you pay over the loan.
Loan Comparison Calculator
Compare two loan offers side by side.
Interest Saved₹17.59L

Calculations are estimates for illustration only and assume a constant annual return, which real markets do not provide. DhanRadar is a research & analytics platform, not an investment advisor. Mutual fund investments are subject to market risks.