Loan Foreclosure Calculator

Foreclosure Savings Calculator

Evaluate total interest saved vs foreclosure charges when pre-closing active loans early.

Active Principal Balance₹15,00,000
Active Rate (% p.a.)11.5%
Remaining Tenure (Months)36 Months
Foreclosure Fee (%)0%

Note: RBI mandates NIL foreclosure fees on floating-rate individual loans.

Foreclosure Net Benefit Projection
Net Financial Benefit of Early Closure
₹2,80,704
Avoided Future Interest
₹2,80,704
Foreclosure Charge Outflow
₹0
Pre-closing active debt yields immediate interest savings of ₹2,80,704.