Interest Reduction Analysis & Prepayment Engine
Home Loan EMI & Prepayment Savings Calculator
Standard bank calculators only show your monthly EMI. This tool reveals how paying just a little extra each month saves lakhs in interest and finishes your loan years early.
₹50 Lakh
₹
8.5%
20 Years
5 Years 15 Years 20 Years 30 Years
+ ₹5,000/mo
₹
Paying just ₹3,000 to ₹5,000 extra directly towards principal reduces the compounding interest drastically.
Monthly EMI Payable
₹43,391 / month
Total Interest (Base) ₹54,13,840
Total Payment (P + I) ₹1,04,13,840
Your Prepayment Savings
Save ₹13,89,179
Your loan ends 4.4 years earlier (15.6 years instead of 20 years)!
Key Mortgage Insights
• Tenure matters most: A 30-year loan has slightly lower EMI than a 20-year loan, but you pay more than double the total interest!
• Prepay early: Prepayments in the first 5 to 7 years have 5x more impact than prepayments in the final years.