Loan Prepayment & Foreclosure Calculator
Discover how part-prepayments or recurring extra payments drastically cut your loan tenure and save lakhs in total interest.
Adjust Inputs
Real-Time UpdateExtra amount paid either monthly or once
Money saved directly in interest charges
Loan cleared in 13.7 years instead of 20 years
Down from ₹32,48,400
Visual Breakdown
Interactive Graphic- By paying an extra ₹5,000 monthly, you become debt-free 6.3 years earlier!
- RBI mandates that banks cannot charge prepayment penalties on floating-rate individual home loans.
Need assistance with Startup India & DPIIT Advisory?
DPIIT Certificate, Section 80-IAC 3-year tax holiday & pitch deck preparation.
Understanding the Loan Prepayment & Foreclosure Calculator
This calculator provides real-time, mathematically verified computations for Indian tax payers, investors, and businesses. All algorithms are calibrated to Indian statutory standards including the Income Tax Act 1961, CGST Act 2017, and standard banking annuity models.
How It Works
- Enter your baseline financial values using the input fields or interactive sliders.
- Observe instant changes in the summary metrics and visual breakdown charts without page reloads.
- Review the year-by-year or month-by-month amortization schedule for long-term clarity.
- Export your results via CSV or print a clean summary for your tax consultant or accountant.
Standard amortized loan prepayment model
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