Loan Pre-closure Calculator

Calculate savings from early loan closure

Loan Details

% p.a.
years
years
%

Pre-closure Summary

Outstanding Principal₹7,94,052
Pre-closure Charges₹15,881
Total Savings₹2,66,811

Cost Comparison

Amount Paid So Far
4,43,365
EMI paid for 3 years
Pre-closure Amount
8,09,933
Outstanding + charges
If Continued
15,20,109
Total cost for full tenure
Interest Saved
2,50,930
By pre-closing after 3 years

Pre-closure Tip

Pre-closing your loan early can save significant interest. However, consider the pre-closure charges and ensure you have sufficient funds before making the decision.