The Compounding Impact of Part Prepayments
Making partial prepayments on your mortgage directly hacks the front-loaded amortization schedule. By eliminating portions of principal in years 1 to 5, you avoid paying up to 3x that amount in compounding interest charges over the remaining life of the mortgage. Compare multi-lump-sum strategies with our Lump Sum Prepayment Calculator, model recurring monthly surpluses using the Extra Repayments Calculator, or quantify annualized savings in Prepayment Savings & ROI.
Borrowers in India and abroad should verify bank prepayment limits before sending large principal transfersโexplore our Global Bank Presets Directory, check How Prepayment Interest Is Calculated, or test whether an annual 1 Extra EMI Strategy fits your cash flow better.