Before using this calculator, I strongly recommend you to read the about the concept of loan prepayment. I’ve written a detailed blog post on this topics. Utility of this prepayment calculator is greatly enhances when a more informed user uses it.


Home Loan Amount
Interest Rate p.a. [In %]
Loan Tenure [In Months]
Pre-payment Amount
Pre-payment Start Month
[e.g. If pre-payment will start from 8th month then enter 8]
Pre-payment Frequency

Payment of Home Loan EMI takes years to complete. Important question is that, should one pay-off home loan early? As home loans are big in amount, their monthly EMIs are also large. Every month, these EMIs digs a big hole in ones wallet. Read more.

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