Reduce tenure
Keep EMI similar and close the loan earlier.
- Interest saved
- ₹17,58,630.74
- Time saved
- 66 months
- Payoff date
- Not set
Home loan tool
Home Loan Part-Payment Calculator
Plan several part payments against your outstanding home loan and estimate the combined impact on interest, payoff timing, and EMI.
Multiple lump sums
Add planned payments by month.
Strategy compare
See tenure and EMI outcomes together.
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Results are calculated in the browser.
Part payments
Estimated current EMI
₹49,972.43
Planned part payments
₹15,50,000.00
Reduce EMI
Keep the original tenure and lower future EMIs.
- Interest saved
- ₹9,08,544.91
- EMI reduction
- ₹18,123.49
- Payoff date
- Not set
Part-payment schedule
| Month | Payment | Interest | Part payment | Balance |
|---|---|---|---|---|
| 1 | ₹49,972.43 | ₹36,458.33 | ₹0 | ₹49,86,485.9 |
| 2 | ₹49,972.43 | ₹36,359.79 | ₹0 | ₹49,72,873.26 |
| 3 | ₹49,972.43 | ₹36,260.53 | ₹0 | ₹49,59,161.36 |
| 4 | ₹49,972.43 | ₹36,160.55 | ₹0 | ₹49,45,349.48 |
| 5 | ₹49,972.43 | ₹36,059.84 | ₹0 | ₹49,31,436.89 |
| 6 | ₹49,972.43 | ₹35,958.39 | ₹0 | ₹49,17,422.85 |
| 12 | ₹49,972.43 | ₹35,333.99 | ₹3,00,000 | ₹45,31,166.47 |
| 36 | ₹49,972.43 | ₹29,960.17 | ₹5,00,000 | ₹35,88,811.28 |
| 60 | ₹49,972.43 | ₹21,839.13 | ₹7,50,000 | ₹22,16,946.76 |
Showing early months and months with part payments from the reduce-tenure 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 baseline schedule uses the outstanding balance, annual interest rate, and remaining tenure. Each part payment is applied after the EMI in its selected month. Reduce-tenure keeps the EMI unchanged and pays off early; reduce-EMI recalculates future EMI after each part payment while keeping the original tenure.
Results use monthly compounding and half-up paise rounding. Actual lender calculations can vary by payment date, fees, interest reset, and policy.
FAQs
How is this different from one prepayment?
This calculator lets you model multiple planned lump sums across the remaining loan life, such as bonus payouts, annual savings, or staggered part payments.
When is part payment applied?
Each part payment is applied after the regular EMI for the selected month, then the remaining schedule is recalculated according to the selected strategy.
Can a lender charge prepayment fees?
Some loan types and lender policies may include charges or restrictions. This estimate does not include fees unless you account for them outside the calculator.
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