Standard EMI
Pay only the scheduled EMI for the full tenure.
- Total interest
- ₹39,95,038.47
- Total payment
- ₹89,95,038.47
- Payoff
- 180 months
Home loan tool
EMI With Prepayment Calculator
Estimate your standard EMI, then see how a recurring monthly extra payment can reduce total interest and shorten the payoff timeline.
Loan amount
Include down payment to estimate principal.
Extra monthly pay
Apply recurring principal reduction.
Cost comparison
Compare baseline and prepayment totals.
Financed principal
₹50,00,000.00
Standard EMI
₹49,972.43
Monthly outflow
₹59,972.43
With recurring prepayment
Add the extra amount every month after EMI.
- Total interest
- ₹27,28,812.72
- Total payment
- ₹77,28,812.72
- Payoff
- 129 months
- Interest saved
- ₹12,66,225.75
- Cost saved
- ₹12,66,225.75
Prepayment schedule
| Month | EMI | Extra payment | Interest | Balance |
|---|---|---|---|---|
| 1 | ₹49,972.43 | ₹10,000 | ₹36,458.33 | ₹49,76,485.9 |
| 2 | ₹49,972.43 | ₹10,000 | ₹36,286.88 | ₹49,52,800.35 |
| 3 | ₹49,972.43 | ₹10,000 | ₹36,114.17 | ₹49,28,942.09 |
| 4 | ₹49,972.43 | ₹10,000 | ₹35,940.2 | ₹49,04,909.86 |
| 5 | ₹49,972.43 | ₹10,000 | ₹35,764.97 | ₹48,80,702.4 |
| 6 | ₹49,972.43 | ₹10,000 | ₹35,588.46 | ₹48,56,318.43 |
| 7 | ₹49,972.43 | ₹10,000 | ₹35,410.66 | ₹48,31,756.66 |
| 8 | ₹49,972.43 | ₹10,000 | ₹35,231.56 | ₹48,07,015.79 |
| 9 | ₹49,972.43 | ₹10,000 | ₹35,051.16 | ₹47,82,094.52 |
| 10 | ₹49,972.43 | ₹10,000 | ₹34,869.44 | ₹47,56,991.53 |
| 11 | ₹49,972.43 | ₹10,000 | ₹34,686.4 | ₹47,31,705.5 |
| 12 | ₹49,972.43 | ₹10,000 | ₹34,502.02 | ₹47,06,235.09 |
Showing first 12 months of the recurring-prepayment scenario.
This estimate is for education only. It is not financial advice, a loan offer, or a lender statement.
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Methodology
The calculator subtracts the down payment from the loan amount to estimate financed principal, then builds a baseline monthly amortization schedule. The recurring extra payment is applied after each regular EMI, reducing principal and closing the loan earlier.
Results use monthly compounding and half-up paise rounding. Actual lender statements can vary by disbursement date, interest reset rules, fees, and payment posting date.
FAQs
What does recurring extra payment mean?
It is an additional amount paid every month after the regular EMI. The calculator applies it to principal after that month EMI.
Does this change my EMI?
This page models the reduce-tenure approach: the regular EMI stays the same and the recurring extra payment closes the loan earlier.
Are lender charges included?
No. The estimate excludes processing charges, prepayment fees, reset-date effects, and lender-specific rounding rules.
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