Make a lump sum payment on your loan today — see exactly how much interest you save and how many months you cut off the tenure.
Your Current Loan
Outstanding Principal
Remaining Tenure (months)
Annual Interest Rate (%)
Your Current Monthly EMI
Rs.17,089
Total Interest Remaining
Rs.1,15,197
if you make no part payment
Total Amount Remaining
Rs.6,15,197
over 3 yr
Your Part Payment
Part Payment Amount
Prepayment Charge (%)
Enter 0 if your lender charges no penalty. Most fixed-rate personal loans carry a 2–5% charge. Check your loan agreement or call your lender's customer care to confirm the exact rate.
After this part payment, I want to:
Prepayment Breakdown
Principal Reduced By
Rs.1,00,000
Prepayment Charge
Rs.2,000
2% of part payment
New Outstanding Principal
Rs.4,00,000
Before vs After
Without Part Payment
Monthly EMI
Rs.17,089
Remaining tenure
3 yr
Total interest
Rs.1,15,197
After Part Payment
Monthly EMI
Rs.17,089
Remaining tenure
2 yr 4 mo↓ 8 months saved
Total interest
Rs.78,487
This part payment saves you money — here is the breakdown
Interest saved
+ Rs.36,711
−
Prepayment charge
Rs.2,000
=
Net saving
Rs.34,711
KharchaUdhar Insider Tip
You close the loan 8 months sooner. "Reduce tenure" always saves more total interest than "Reduce EMI" for the same prepayment - because the principal clears faster and every subsequent month charges interest on a lower base.
This tool provides estimates for educational purposes only. Actual interest savings depend on your lender's prepayment calculation method — some lenders recalculate on the date the payment is received; others on the next EMI due date. Prepayment charges, waiver conditions, and processing timelines vary by lender and by the specific terms of your loan agreement. Always confirm the exact outstanding principal and applicable charges with your lender before making a part payment. KharchaUdhar is an independent educational platform and is not a lender, NBFC, or financial advisor.