Shubh Tools · Home Loan & LAP
Karz-Mukti Time MachineSee the day your loan ends.
A few taps. See how much interest you could save and how many months earlier you could be loan-free.
Shubhdhanam is a loan distribution firm (DSA).
Which loan do you have?
Prepayment planning here is for these two loans.
Check “principal outstanding” in your loan statement or app.
Starting value is only an example — please enter yours.
Enter the rate shown in your loan statement or app.
Starting value is only an example — please enter yours.
How much time is left on the loan?
Remaining tenure as per your lender.
Starting value is only an example — please enter yours.
How would you like to pay extra?
Choose one. You can try the others on the result screen.
Any amount you can comfortably keep aside.
Paid once in every 12th month.
Paid along with every EMI.
Percent increase in the EMI every 12 months.
When will you make this payment?
Earlier part-payments save more interest.
Your Time Machine
This plan does not change much. Try a bigger amount or another way.
After the part-payment, what should change?
| As it is | With your plan | |
|---|---|---|
| EMI | ||
| Total interest | ||
| Total you pay | ||
| Loan ends |
Loan left over the years
Year-by-year schedule (with your plan)
| Year | Interest | Principal | Left at year end |
|---|
We look at your loan statement and lender terms with you.
This is an estimate (andaaza) based only on the details you entered, at a fixed rate and monthly reducing balance. Your lender’s own calculation, rate changes and the date your payment is credited can change the result.
Lender charges as per sanction letter. Whether the EMI or the tenure changes after a part-payment is decided by your lender.
Shubhdhanam is a loan distribution firm (DSA). Loans are sanctioned by banks and NBFCs as per their policy.
Shubh Shagun
Know someone who needs this?
Send this tool to them on WhatsApp with your name on the link. If they take a loan through us, you receive a Shubh Shagun of up to ₹11,001.
How Shubh Shagun works →Straight answers
Questions people ask us
Is it better to reduce the EMI or the tenure?
Keeping the same EMI and letting the loan end sooner usually saves more interest. Lowering the EMI gives you more room every month. The tool shows both so you can see the difference in rupees.
Why only Home Loan and Loan Against Property?
These are long loans where part-payments make the biggest difference. For other loans, please talk to us — terms differ a lot from lender to lender.
Does my lender allow part-payment?
Most do, but rules and any charges differ. They are written in your sanction letter and loan agreement. We can read them with you.
Is the result exact?
It is a careful estimate. Lenders may calculate interest daily, change floating rates and credit payments on a different date, so the final numbers come from your lender.