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Trying to determine whether or not you should prepay your loan or invest the amount instead and keep servicing the loan? This tool will help you make a decision
Loan Amount
(Rs)
Repayment Period
(Year)
Monthly Installment
(Rs)
Interest Calculation
Annual
Monthly
Installments Paid
Advance Installments Paid
Prepayment Charges
(%)
The Investment Option
Tenure of Investment
(Year)
Interest Earned
(%)
Compounding frequency
Simple
Annually
Semi-annually
Quarterly
Monthly
Total Loan remaining is
(Rs)
is better
By doing so you may Save
(Rs)