Loan Prepayment Calculator
Free online loan prepayment calculator that runs entirely in your browser.
How the Loan Prepayment Calculator works
The Loan Prepayment Calculator works on Outstanding loan (₹), Interest rate (% p.a.), Months remaining, One-time prepayment (₹) and shows the result as you type. The same input always gives the same answer — refresh the page and you will see exactly the same figure.
Formula used
Loan Prepayment Calculator is computed by the formula below, using the inputs you provide.
Inputs used: Outstanding loan (₹), Interest rate (% p.a.), Months remaining, One-time prepayment (₹).
Worked example
Take the default example — outstanding loan (₹) of 500000, interest rate (% p.a.) of 9:
- Interest saved: 0
- Months closed early: 0
- Balance after prepayment: 500,000
- emi: 503,750
Frequently asked questions
- Is the Loan Prepayment Calculator free?
- Yes. There is no signup, no usage limit and no watermark — the calculator runs entirely in your browser.
- Does the Loan Prepayment Calculator store or send my data?
- No. Every calculation happens locally in the page, so the numbers you type are never uploaded or logged.
- Does it work on a phone and offline?
- Yes — the page is a single lightweight file that adapts to any screen size. Once it has loaded it keeps working without a network connection.
- What inputs does the Loan Prepayment Calculator need?
- Outstanding loan (₹), Interest rate (% p.a.), Months remaining, One-time prepayment (₹). Change any of them and the result updates instantly.