Reducing Balance Loan Amortization
Loan EMI & Prepayment Calculator
Calculate monthly EMI for Home, Car, and Personal Loans. Discover how small monthly prepayments save lakhs in interest and cut years off your tenure.
Loan ParametersHome / Auto / Personal
₹50,00,000
₹1 Lakh₹50 Lakhs₹2 Crores
8.5%
6%8.5% (Home Loan)18% (Personal)
20 Years (240 Mos)
1 Year15 Years30 Years
+₹5,000 / mo
₹0 (Standard)+₹10,000/mo+₹50,000/mo
Monthly Repayment
REDUCING BALANCE
Monthly EMI
₹43,391/ month
Principal Amount₹50,00,000
Total Interest Payable₹54,13,941
Total Payable₹1,04,13,941
Loan Principal
₹50,00,00048%
Total Interest
₹54,13,94152%
Prepayment Impact
Paying an extra ₹5,000/month saves you ₹13,89,280 in interest and finishes your loan 4 years earlier!