Multi-Year EMI Planner
All math runs on your device — nothing is sent or saved. Last updated: September 2026.
Base EMI
₹25,357
Interest ₹20,64,200 · 180 months
Ends in
92 months
Saves 88 months
Interest saved
₹10,89,472
Total ₹9,74,727
How to use this calculator
- Move a slider — or tap the number box and type your own loan, rate and tenure.
- Type your yearly extra lump in each Year row (1L, 2L or any amount). Use Fill buttons for quick test.
- Toggle Reduce tenure vs Reduce EMI on top to compare both outcomes.
- Want only next year? Type your current remaining balance as Loan amount and set tenure to remaining years — or edit a single Year row below.
Year-by-year: edit prepay, see remaining
Type any amount per year. Balance, interest and tenure/EMI update live.
| Year | Extra lump (₹) | Principal | Interest | Balance left | Months used |
|---|---|---|---|---|---|
| Year 1 | ₹2,45,171 | ₹2,19,109 | ₹22,54,829 | 12m | |
| Year 2 | ₹2,68,170 | ₹1,96,110 | ₹19,86,659 | 24m | |
| Year 3 | ₹2,93,326 | ₹1,70,954 | ₹16,93,332 | 36m | |
| Year 4 | ₹3,20,842 | ₹1,43,438 | ₹13,72,490 | 48m | |
| Year 5 | ₹3,50,940 | ₹1,13,340 | ₹10,21,550 | 60m | |
| Year 6 | ₹3,83,860 | ₹80,420 | ₹6,37,690 | 72m | |
| Year 7 | ₹4,19,869 | ₹44,411 | ₹2,17,821 | 84m | |
| Year 8 | ₹2,17,821 | ₹6,946 | ₹0 | 92m |
What is this tool?
This multi-year planner extends the main EMI calculator. Enter your loan once, then type a different lump for every year (for example Rs. 1 lakh in year 1, Rs. 2 lakh in year 2) and see balance left, interest saved and whether tenure or EMI drops — year by year.
Common multi-year questions
Should I reduce EMI or tenure every year?
Reducing tenure every year saves the most interest. Reducing EMI lowers monthly burden instead.
Is there a prepayment penalty in 2026?
No charges on individual floating-rate loans sanctioned or renewed on or after 1 January 2026.
Is paying 1-2 lakh every year better than one big payment?
Yes, every early rupee kills future interest. Small yearly payments beat one late big payment.
What banks don't tell you
Cutting tenure beats cutting EMI. The same extra money finishes the loan early instead of shrinking instalments.
No prepayment penalty since January 2026 on individual floating-rate loans, with no lock-in period.
Compare full yearly cost, not headline rate. Add processing fee plus 18% GST before choosing a lender.
Read the full Real Loan & EMI Guide →
Walkthrough: how ₹1L/year saves ₹14.6 lakh →
Estimate for guidance only — not financial advice. Confirm rates with your bank or RBI before deciding.