Extra EMI Calculator India

Free online EMI calculator for India. Instantly see exactly when your home or car loan ends if you pay extra every month. Shows new payoff date, interest saved, time reduced & prepayment penalty. Perfect for Indian borrowers.


Calculator
My Loans
Loan Details
Extra Monthly Payment
₹0 ₹2,000 ₹50k
Metric Original With Extra
End Date
Total Interest
Total Payable
Time Saved
Interest Saved
Account for prepayment penalty
(only for older/fixed loans)
%
Best day to pay extra: Pay on 1st–5th of every month. Indian banks use daily reducing balance — earlier payment saves more interest.
Not financial advice • For illustration only
RBI: 0% penalty on floating home/car loans since Jan 2026
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