ⓘ Results are illustrative estimates only. Not financial advice.
Payment Breakdown
📊 Year-wise Payment Breakdown
Tap any bar to see monthly details for that year
Principal
Interest
Month
EMI
Interest
Principal
Balance
✕ Close
Amortization Schedule
📈 MF vs Prepayment — Which saves more?
Compare: investing your surplus in Mutual Funds vs prepaying your home loan
🔒 Using your prepayment settings —
🏠 Prepayment
Interest Saved
Tenure Reduced
Effective Gain
0%Tax on Savings
📊 Mutual Fund
Gross Returns
LTCG Tax (10%)
Net Gain After Tax
Tax Bracket Impact
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Smart Prepayment Tips
Prepay in early years — interest is highest then, savings are maximum.
Prefer reducing tenure over reducing EMI — saves significantly more interest.
Keep 6 months' EMI as emergency fund before any prepayment.
If home loan rate > 8.5%, prepayment beats most fixed-income investments.
Frequent small prepayments often save more than a single large lump sum.
Frequently Asked Questions
How is home loan EMI calculated?
EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where P is loan principal,
r is monthly interest rate (annual rate ÷ 12), and n is tenure in
months. TekproAI applies this formula instantly with real-time results.
Should I prepay my home loan or invest in mutual funds?
If your home loan rate is above 8.5%, prepayment typically beats
fixed-income investments. If expected MF returns exceed your loan rate,
investing may be better. Use the MF vs Prepayment comparator above
for your exact numbers.
Does prepayment reduce EMI or loan tenure?
Both options are available. Reducing tenure saves significantly more
interest than reducing EMI. TekproAI models both scenarios so you
can compare the interest savings side by side.
Can I export my amortization schedule?
Yes. TekproAI includes a PDF export for the full amortization
schedule, available in both yearly and monthly views. Tap the
PDF button in the amortization section above.
Is this calculator free?
Yes — completely free. No login required, no data stored, no ads.
All calculations happen entirely in your browser. Free forever.
⚠️
For educational use only. Results are estimates based on
standard formulas. TekproAI is not a SEBI-registered investment advisor or
RBI-regulated entity. Do not make financial decisions solely based on these
results.