01
Add a monthly prepayment
Even a modest recurring amount attacks principal early, reducing every future month’s interest.
Free home-loan planning tool
Know exactly when your loan ends.
Use this home loan prepayment calculator for India to compare monthly part-payments, annual lump sums and yearly step-ups—and see your revised closure date, tenure reduction and interest savings.
Private by design
Your figures are calculated in your browser. Nothing is uploaded or stored.Built for Indian home loans
Projected debt-free timeline
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Adjust the inputs to calculate
Interest paid—
Total repaid—
Final payment—
Time saved
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versus current EMI only
Interest saved
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kept in your pocket
Peak monthly outflow
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excluding annual lump sum
Outstanding balance
Your planEMI only
Year-by-year breakdown
| Plan year | Monthly extra | Lump sums | Principal paid | Interest paid | Balance |
|---|
Reality check: this is an amortization estimate, not a lender statement. Floating-rate changes, payment-credit dates, lender rules and rounding can move the result. Confirm every part-payment is applied to principal.
Simple mathematics, serious impact
Three levers. One earlier finish line.
ClearHomeLoan models your repayment month by month—not with a rough shortcut—so interest is recalculated after every extra rupee paid toward principal.
02
Step it up each year
Direct part of every salary increase toward the loan without committing today’s entire budget.
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Use bonuses strategically
Model one annual lump sum in any month and see the exact time and interest it removes.
Questions, answered
Understand the numbers.
Should I reduce EMI or loan tenure?
Reducing tenure is usually safer because it preserves the higher contractual EMI. If you reduce EMI but redirect every rupee saved into prepayment on the same date, the mathematical result is identical.
Does part-payment go entirely to principal?
After accrued interest and any dues are settled, an accepted part-payment reduces principal. Confirm the transaction is posted as principal prepayment in your lender’s statement.
Why may my lender’s result differ?
Floating-rate revisions, daily versus monthly interest calculation, payment posting dates, lender rounding and prepayment rules can create differences.
Is my financial information stored?
No. This version calculates entirely on your device and does not send or save your loan figures.
Advertising partnerships
Reach homeowners actively reducing debt.
ClearHomeLoan serves high-intent borrowers planning prepayments, refinancing and earlier loan closure. We welcome relevant campaigns from regulated lenders, insurance providers, property services and trusted personal-finance brands.
Top leaderboardResults placementSponsored educationCustom partnerships
Discuss a campaign
Include your company, website, preferred placement, campaign dates and approximate budget.
Email advertising teamadvertise@clearhomeloan.in