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Calcora
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Loan Calculator
Compare loan options and see how prepayments reduce total cost.
Quick Answer:
Adding ₹5,000 extra per month on a ₹30L, 20-year 9% home loan saves ₹12L+ in interest and closes the loan ~7 years early.
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Loan Parameters
Principal Amount
₹30,00,000
₹1L
₹2 Cr
Interest Rate
9%
1%
20%
Tenure
20 Years
1 Yr
30 Yrs
Extra Monthly Payment
₹0
₹0
₹1L
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Loan Summary
Monthly EMI
—
Total Paid
—
Total Interest
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