Home loan prepayment and foreclosure calculator.
Compare lower-EMI and shorter-tenure outcomes after a home-loan prepayment.
Home loan prepayment and foreclosure inputs
Compares one prepayment now. The lender’s part-prepayment rules, floating/fixed rate terms, minimum amount, fees and revised schedule prevail.
Method: The tool applies entered loan, deposit, fund-holding or subsidy assumptions and makes its arithmetic and limitations explicit.
Inputs used: Currency = INR; Outstanding principal = 3,000,000; Annual loan rate = 8.5 %; Remaining term = 180 months; Prepayment amount = 500,000; Prepayment / foreclosure charge = 0
Assumptions: The result uses the values, units and options shown in the input snapshot.
Scope and warnings: Compares one prepayment now. The lender’s part-prepayment rules, floating/fixed rate terms, minimum amount, fees and revised schedule prevail. Rounding and excluded real-world terms can make an external result differ.
How this home loan prepayment and foreclosure calculator works
The tool applies entered loan, deposit, fund-holding or subsidy assumptions and makes its arithmetic and limitations explicit.
A worked example
Enter figures from your lender, fund factsheet or deposit quote before using a result in a decision.
Is this a lender quote, fund analysis or tax determination?
No. Confirm current product conditions, eligibility, rates, fees, tax rules and underlying holdings from the official source.
Calculations run on your device. Review your results before exporting or sharing them.
Compare cash flow and payoff time
The same lump-sum prepayment is shown as a lower-EMI or shorter-tenure alternative.
Check lender prepayment conditions and the revised repayment schedule.
Published by ToolMitra — methods and editorial approach.