Loan Prepayment Calculator
Compare lower EMI versus shorter tenure after making a lump-sum prepayment.
Current position
Current EMI₹26,035
Estimated balance₹28,75,309
After prepayment₹23,75,309
Option 1 · Keep tenure
₹21,507 EMI
Remaining tenure216 months
Interest saved₹4,77,894
Option 2 · Keep EMI
Save 68 months
New remaining tenure148 months
Interest saved₹12,70,359
Estimates assume the same rate throughout and no prepayment charge. Confirm the lender’s recalculation method.
About Loan Prepayment Calculator
Compare lower EMI with a shorter loan tenure. OpenToolkit is free to use, requires no account, and processes your work locally in your browser whenever the tool allows it.