Free Calculator

Home Loan Prepayment Calculator

Schedule multiple prepayments at different dates, split by partner. Compare closing faster vs lowering EMI with a full monthly breakdown.

Loan Details

₹
8.5% p.a.
520
20 years
130
Auto EMI₹43,391/mo
₹

Monthly EMI Contributions

How much each partner pays toward the EMI each month.

Partner A
₹
Partner B
₹
Total contributed₹44,000

₹609 over ₹43,391 EMI

Partner A: ₹22,000 (50%)Partner B: ₹22,000 (50%)

Prepayment Schedule

1 event

Month 37 · Jan 2026

₹
Total across all prepayments₹5.00 L

Original Interest

₹54.14 L

241 months

Save (Faster)

₹13.09 L

42 months saved

Save (Lower EMI)

₹4.44 L

New EMI: ₹38,740

Total Prepaid

₹5.00 L

1 event

Partner A
Monthly EMI₹22,000
Total Prepayment₹3,00,000
Saves (faster)₹7.85 L
Saves (lower EMI)₹2.67 L
Partner B
Monthly EMI₹22,000
Total Prepayment₹2,00,000
Saves (faster)₹5.23 L
Saves (lower EMI)₹1.78 L
MetricOriginalOption A: FasterOption B: Lower EMI
Monthly EMI₹43,391₹43,391₹38,740
Loan Tenure241 mo199 mo240 mo
Total Interest₹54.14 L₹41.05 L₹49.70 L
Total Payment₹1.04 Cr₹96.05 L₹1.05 Cr
Interest Saved—+₹13.09 L+₹4.44 L
Months Saved—42 months—
Loan EndsFeb 2043Aug 2039Jan 2043

Option A: Faster Closure

Be debt-free sooner. Save ₹13.09 L and finish 42 months early.

Option B: Lower EMI

More monthly cash flow. New EMI: ₹38,740/mo, saving ₹4.44 L.

Track your shared loan payments together

Use Coupl to pool money for EMIs, track joint expenses, and stay on the same financial page — matching cards, zero balance.

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