◈ Toolbox

Prepayment Simulator

Simulate the effect of lump-sum prepayments on your loan to see interest saved and early payoff.

loanfinanceprepaymentinterestsavings

Prepayment Events

Examples(1)
One prepayment of ₹50,000 at month 12

Input

{
  "principal": 500000,
  "annualRatePercent": 10,
  "tenureMonths": 60,
  "prepayments": [
    {
      "month": 12,
      "amount": 50000
    }
  ]
}

Output

{
  "interestSaved": 8241,
  "monthsSaved": 6,
  "newTenureMonths": 54
}