Home Loan
Model lump-sum and step-up prepayments against your ₹50L / 25-year home loan — see exactly how much interest and tenure you save.
01Loan Basics
Enter your actual loan details. Defaults are pre-filled for a ₹50,00,000 loan over 25 years.
02What should prepayments do?
Choose whether extra payments shorten your loan or lower your monthly EMI.
03One-time (lump sum) prepayments
Add as many part-payments as you expect — bonus, maturity of an FD, etc. Month 1 = first EMI month.
| Amount (₹) | In month # | Note (optional) | Remove |
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04Step-up monthly prepayment
Pay a fixed extra amount every month on top of your EMI, and increase it every year as your income grows.
Understanding this calculator
Two ways to prepay
You can either drop a lump sum whenever you have spare cash, or set up a monthly step-up amount that grows every year as your salary does. You can use both together.
EMI-same vs EMI-reduced
"Keep EMI same" shortens your tenure fastest and saves the most interest — best if your goal is closing the loan ASAP. "Reduce EMI" eases monthly cash flow instead.
Charges are usually zero
RBI rules mean floating-rate home loans to individuals carry no foreclosure or part-payment charges. Fixed-rate loans may charge 2–4% — edit the field if yours does.
Read the seal
The stamp shows your new estimated closure date once prepayments are applied — compare it to your original 25-year end date to see months (and years) saved.
Talk to our team
Maxworth Nagar Phase II, Kolapakkam, Chennai, Tamil Nadu 600128