Calculate Interest Savings, EMI Reduction & Loan Tenure Instantly
The ICICI Bank Home Loan Prepayment Calculator is a financial planning tool that helps borrowers estimate how part-prepayments or full prepayments can reduce their total interest outgo, monthly EMI, and remaining loan tenure.
This calculator is especially useful for ICICI Bank home loan customers in Delhi NCR, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, Gurugram, Noida, Faridabad, Ahmedabad, Jaipur, and other major Indian cities, enabling accurate, data-driven repayment decisions.
An ICICI Bank home loan prepayment calculator is an online estimation tool that evaluates the financial impact of paying an extra amount toward your housing loan before its scheduled tenure.
It helps borrowers calculate:
This insight allows borrowers to plan prepayments strategically rather than relying on assumptions.
Using the calculator is simple and does not require login, personal details, or bank account information.
Using a home loan prepayment calculator offers multiple financial advantages:
This tool is especially helpful during salary hikes, annual bonuses, fixed-deposit maturity, property resale proceeds, or inheritance planning.
To achieve accurate results and meaningful insights:
In most cases, reducing loan tenure results in higher interest savings than reducing EMI.
Even small prepayments can generate significant long-term savings.
Example scenario:
In this scenario, borrowers may save approximately ₹12–18 lakh in total interest and reduce the loan tenure by 5–7 years, depending on when the prepayment is made.
Prepayments made during the early years of the loan deliver the highest interest savings.
Before prepaying your ICICI Bank home loan, consider the following factors:
A balanced approach ensures debt reduction without compromising financial security.
ICICI Bank Home Loan Prepayment Rules:
Borrowers should always confirm the latest terms directly with ICICI Bank, as policies may change.
A home loan prepayment calculator helps borrowers:
It supports structured loan management and responsible borrowing.
The ICICI Bank Home Loan Prepayment Calculator is a practical and reliable tool for borrowers who want to manage their home loan repayments more efficiently. By clearly showing how part-prepayments or full prepayments impact interest savings, EMI, and loan tenure, it enables borrowers to make informed financial decisions with confidence.
Whether you plan to use annual bonuses, investment maturity proceeds, or surplus income, this calculator helps you determine the right prepayment amount and timing. When used thoughtfully—while considering liquidity needs, tax implications, and long-term financial goals—it can significantly reduce the overall cost of borrowing and help you move closer to debt-free homeownership.
Using a home loan prepayment calculator before making any early repayment ensures disciplined financial planning, transparency, and smarter management of your ICICI Bank home loan.
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