Pay a lump sum towards your loan today to instantly reduce outstanding balance, lower your EMI, or shorten your tenure. See the impact in real time.
Part payment calculator
Enter your loan details and planned part payment amount to see the instant impact on balance, EMI and tenure.
📉 Balance Only
Reduces outstanding principal. EMI and tenure stay the same, but you pay less interest overall since the base is smaller.
️ Reduce Tenure
Shortens the end date of your loan while keeping the monthly EMI the same. Maximises interest savings.
💰 Reduce EMI
Recalculates your monthly EMI lower based on the reduced balance. Improves monthly cash flow immediately.
Compare "Reduce Tenure" (pay the same EMI but finish earlier) versus "Reduce EMI" (keep the same tenure but pay less each month). Choose the strategy that fits your goal.
See exactly how much total interest you eliminate with your lump sum part payment. Even ₹50,000 today can save you ₹1 lakh+ in interest on a long-tenure home loan.
The calculator recalculates your new EMI or remaining tenure based on the reduced outstanding balance immediately after your part payment.
Input the original loan amount, interest rate, tenure, and number of EMIs paid so far.
Type the lump sum you plan to pay now. This is deducted from your current outstanding principal.
View the impact under both "Reduce Tenure" and "Reduce EMI" strategies — see new EMI, new tenure, and total interest saved for each.
Reducing tenure saves more interest overall because you exit the loan faster, eliminating more months of interest accrual. Reducing EMI is better if you need immediate cash flow relief each month. If you have steady income, reducing tenure is generally the smarter financial choice.
Most banks allow multiple part payments throughout the loan tenure, though some impose a minimum part payment amount (typically ₹10,000–₹25,000) and may charge a small processing fee per transaction. Check your loan agreement for restrictions.
Making part payments does not negatively affect your credit score. In fact, it reduces your debt-to-income ratio and outstanding balance, which can positively signal to credit bureaus over time. Just ensure you continue paying regular EMIs on time throughout the loan tenure.