Prepayment · amortization · offline

Home Loan Prepayment Calculator — full EMI amortization schedule, reduce EMI vs reduce tenure

See exactly what a prepayment does to a reducing-balance loan — the month-by-month schedule rewritten, total interest saved, the new closure date, and an honest side-by-side of the two options every bank offers. Works for car and personal loans too. No accounts, no network — everything stays on this device.

Loan
yr mo
Grouping
Prepayments

Add a one-time lump sum or a recurring amount (e.g. an annual bonus). Each event may carry a prepayment charge, netted out of the savings.

Rate changes beta

Floating-rate repricing at a chosen month. Choose whether the bank keeps the EMI (tenure stretches) or re-derives the EMI for the remaining tenure. Combinatorial edges are still being hardened — treat results as indicative.

Strategy shown as primary

Both are always computed and compared below; this only picks which one the schedule table shows.

Everything stays on this device.

The verdict

Baseline (do nothing) With prepayments Months erased
Outstanding-balance burn-down Two curves showing the outstanding loan balance over time: a baseline curve and a with-prepayments curve that reaches zero earlier.