Loan repayment planner

A little more EMI.
A lot less interest.

Most calculators stop at "your EMI is X." This one shows the part that actually matters — how a small monthly bump, an annual step-up, or one well-timed prepayment can shave years and lakhs off the same loan.

The loan

Currency

Loan amount (principal)

Interest rate (per year)8.5%

Tenure20 yrs

Monthly EMI

—

Total interest

—

You repay

—

Your acceleration plan

Boost the EMI by+10%

Step-up EMI every year by+5%

As your income grows, raise the EMI a little each year automatically.

One-time prepayment—

A bonus or windfall thrown at the principal. (% of loan amount)

…applied in year1

Interest you never pay

—

and you're — debt-free sooner — loan cleared in — instead of —.

Original plan—

Your accelerated plan—

Outstanding balance over time

Original loan Accelerated plan

The loan

Your acceleration plan

Outstanding balance over time

Why this works — and how to plan it