HDFC Home Loan Prepayment Calculator
Simulate extra monthly part-payments, annual lump-sums, and reduce tenure vs EMI on your HDFC home loan to calculate exact interest saved.
HDFC Loan Parameters
RBI 0% PenaltyAmortization Schedule
Interactive breakdown of balance, interest, and prepayment impact
| Period | EMI Paid | Principal Paid | Extra Prepayment | Interest Paid | Total Payment | Remaining Balance |
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Frequently Asked Questions
Are there prepayment charges on HDFC Home Loans?
As per Reserve Bank of India (RBI) mandates, HDFC Bank / HDFC Ltd charges 0% prepayment penalty on all floating-rate home loans for individual borrowers. You can make part-prepayments or full foreclosure anytime without fees.
What is the minimum part-prepayment amount allowed by HDFC?
HDFC Bank generally allows part-prepayments equal to at least 2 to 3 times your monthly EMI (or ₹10,000 to ₹25,000 minimum). Making an annual part-prepayment equal to 1 or 2 EMIs cuts 4 to 6 years off your loan tenure.
Should I reduce EMI or reduce tenure on my HDFC home loan?
Reduce Tenure: Gives you maximum interest savings and helps you become debt-free faster. Reduce EMI: Lowers your monthly outgoing commitment while keeping the loan term unchanged.
How do I make a part-prepayment in HDFC netbanking?
You can log into HDFC NetBanking or the HDFC Mobile Banking app, navigate to 'Loans' > 'Home Loan Account', and select 'Part Payment' via UPI, NetBanking, or NEFT/RTGS.