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Trying to determine whether or not you should prepay your loan or invest the amount instead and keep servicing the loan? This tool will help you make a decision
Loan amount (
R
s
)
Repayment period (years)
Monthly installment (
R
s
)
Interest calculation
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Monthly
Installments paid
Advance installments paid
Prepayment charges (%)
The Investment Option
Tenure of investment (years)
Interest earned (%)
Compounding frequency
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Semi-annually
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Clear
Result : -
Total loan remaining is (
R
s
)
is better
By doing so you may save (
R
s
)
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Reg Nos : SEBI Regn.Nos:BSE Cash:INB 011138139,NSE Cash:INB 231190630 BSE F& O:INF011138139,NSE F&O:INF231190630,
NSE CUR:INE231190630, MCX-SX:INE261190630, MCX : MCX/TCM/CORP/1510, DP : IN-DP-CDSL-274-2004, MCX SEBI REG NO : INZ000078132
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