Home Loan Foreclosure Calculator
Estimate the amount you may need to close your home loan early and the interest you could save by foreclosing it now.
The calculator assumes the outstanding principal is paid in full now. Interest saved is the future interest avoided if the loan is closed immediately.
Foreclosure Summary
Compare your remaining loan cost with the estimated amount required to close the loan today.
Current EMI
Estimated Foreclosure Amount
Future Interest Without Closure
Estimated Net Interest Saving
Estimated Economic Benefit of Foreclosure
Interest saved minus estimated foreclosure/closure costs.
Interest Cost Remaining
| Particular | Amount |
|---|---|
| Outstanding principal | |
| Foreclosure charge | |
| GST on charge | |
| Other closure costs | |
| Total estimated closure cost |
Loan Closure Comparison
| Scenario | Principal | Future Interest | Total |
|---|---|---|---|
| Continue loan | |||
| Foreclose now | ₹0 |
Indicative calculation only. Actual foreclosure amount can include lender-specific charges, unpaid dues, daily accrued interest, taxes and other applicable fees. Charges and foreclosure rules vary by lender, loan type, borrower and applicable regulations. Verify the final closure statement with your lender.