Mortgage Lump Sum Prepayment Calculator
Mortgage Lump Sum Prepayment Calculator
This calculator helps you estimate how a one-time lump sum prepayment affects your mortgage by reducing the loan principal and cutting interest costs. Useful when receiving bonus, inheritance, or savings.
Original EMI: 0
Total Interest Saved: 0
Years Reduced: 0
| Scenario | Amount |
|---|---|
| Original Interest | – |
| Interest After Prepay | – |
| Savings | – |
Why Lump Sum Prepayment Helps
Making a lump sum prepayment reduces your principal instantly. This lowers interest burden and accelerates loan closure. It’s ideal when receiving salary bonus, selling assets, or using idle savings. Banks also encourage such payments to reduce risk. Always check prepayment penalty before paying.