Amortization · Prepayment · Tax Benefits · What-If Explorer
Loan Type
₹50 L
8.5%
20 yr
₹1.5 L
₹0
Loan Health
Excellent0%
0–30% Excellent
30–40% Good
40–50% Bad
>50% High Alert
Health = (New EMI + Existing EMI) / Income
Total obligation: —
💡 Insights
Results — Home Loan
Monthly EMI
—
—
Total Interest
—
—
Total Payable
—
—
Loan Composition—
● Principal —● Interest —
Principal vs Interest — Yearly Breakdown
Outstanding Balance Over Time
Balance reduces faster in later years as interest share shrinks — this is the power of long-tenure loans.
Amortization Schedule
← Swipe to see all columns →
Year
EMI
Principal
Interest
Balance
— rowsAll values in ₹
Prepayment Type
₹2 L
12
Extra EMI mode adds — (50% of your current EMI) as additional monthly principal payment every month.
Prepayment Goal
Interest Saved
—
vs no prepayment
Months Saved
—
—
New Tenure
—
vs original
Without Prepayment—
With Prepayment—
—
Your Income Tax Slab
⚠️ Full tax deductions (Sec 80C + 24b) apply mainly to Home Loans. Education loans get Sec 80E on full interest. Switch loan type for best results.
Sec 80C (Principal)
₹1.5L/yr
Max deduction
Sec 24(b) (Interest)
₹2L/yr
Max deduction
Total Tax Saved
—
At 30% slab
Year-wise Tax Savings
—
Year-wise Tax Breakdown
Year
Prin. Paid
Int. Paid
80C Ded.
24(b)/80E
Tax Saved
Rate vs EMI & Total Interest
Blue bars = Monthly EMI (left axis). Amber line = Total Interest paid (right axis). Your current rate is highlighted.
Tenure vs EMI & Total Interest
Green bars = Monthly EMI. Pink line = Total Interest. Shorter tenure = lower interest but higher EMI.
💡 Step-Up EMI increases your payment periodically — matching typical salary growth. Popular in 2026 for faster loan closure without straining early budgets.
10%
2 yr
Interest Saved
—
vs flat EMI
Months Saved
—
—
Final EMI
—
at end of tenure
Step-Up EMI Progression
EMI increases in steps. Each jump corresponds to the defined frequency. Total interest paid reduces significantly.