How to calculate EMI online?

Enter your Loan Amount, Interest Rate, and Tenure in the EMI calculator. Click 'Calculate Details' to see your monthly installment instantly.

Can I calculate Prepayment savings?

Yes, use the 'Part Payment' section to enter any extra amount you plan to pay. The tool will show exactly how much interest and time you save.

Does it support Down Payment adjustment?

Yes, you can enter a down payment amount. The calculator automatically deducts it from the total value to calculate EMI on the remaining loan amount only.

Is this calculator accurate for Home Loans?

Absolutely. It uses the standard reducing balance method used by all major banks (SBI, HDFC, ICICI) for Home, Car, and Personal Loans.

Yes, the Rojgar Warrior EMI Calculator is 100% free to use for unlimited calculations.

EMI Calculator With Prepayment | Save Interest & Reduce Loan Tenure

EMI Calculator with Prepayment

EMI & Loan Calculator

1. Loan Details

Total Amount

Down Payment (Optional)

Interest Rate (%)

Tenure (Years)

2. Part Payment (Optional)

Part Payment Amount

Pay After Months (e.g. 12)

Penalty Charges %

(If applicable)

Net Loan Amount: ₹ 0

Final Loan Report

Monthly EMI ₹0

Total Asset Value ₹0

(-) Down Payment ₹0

(=) Loan Amount ₹0

(+) Total Interest Payable ₹0

Total Payment to Bank ₹0

Total Cost to You ₹0

⚡ Pre-payment Savings Breakdown

Old Interest (Without Extra Pay): ₹0

(-) New Total Interest: ₹0

(-) Penalty Charges Paid: ₹0

✅ Net Money Saved: ₹0

Time Saved: 0 Months

Month	Principal	Interest	Balance

Smart EMI Calculator (With Prepayment)

Welcome to the Rojgar Warrior EMI Calculator. This advanced tool helps you calculate monthly EMIs for Home Loans, Car Loans, and Personal Loans with 100% accuracy.

Unlike basic calculators, this tool includes a Prepayment Feature. You can see how making extra payments (part-payments) can drastically reduce your loan tenure and save lakhs in interest payments.

Accurate EMI

Calculate precise monthly installments based on reducing balance method.

Prepayment Impact

See exactly how much interest and time you save by paying extra money.

Down Payment

Adjust calculations by deducting your initial down payment from total cost.

Full Schedule

View a detailed month-wise breakdown of Principal vs Interest payments.

Why Use a Prepayment Calculator?

Most people don’t realize that a small extra payment can save years of EMI. Here is why you should check this:

Save Interest: Paying just one extra EMI per year can reduce your loan tenure by up to 5-7 years for long-term loans.
Debt Freedom: Use the “Part Payment” option to plan how to become debt-free faster.
Smart Planning: Compare different loan offers and see the real cost of borrowing including processing fees.

Who Should Use This Tool?

Home Buyers: To calculate EMIs for 20-30 year loans and plan prepayments to save interest.
Car Buyers: To find an affordable monthly installment plan before visiting the showroom.
Financial Planners: To create debt reduction strategies for clients using the amortization schedule.

Frequently Asked Questions

Enter your Total Loan Amount, Interest Rate, and Tenure (Years). Click ‘Calculate Details’ to see your monthly EMI immediately.

Yes! Enter the extra amount in the ‘Part Payment’ section and the month you plan to pay. The result will show your net savings in Rupees and Time.

Yes. Enter your down payment amount, and the tool will automatically deduct it from the total asset value to calculate EMI on the actual loan amount.

Yes, the mathematical formula used is the industry standard for all Indian banks (SBI, HDFC, ICICI, etc.) for reducing balance loans.

Yes, the Rojgar Warrior EMI Calculator is completely free. You can use it unlimited times to plan your finances.

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