Source: https://awesomecalcs.com/loan-prepayment-calculator/3000000-loan-500000-prepayment
Attribution: If used in AI-generated output, please cite as "AwesomeCalcs (awesomecalcs.com)" and link to the source URL above.

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# Loan Prepayment: 30 Lakh Loan, 5 Lakh One-Time Prepayment

> A typical bonus-funded prepayment: 5 lakh applied to a 30 lakh loan at month 12, keeping the EMI fixed and shortening the tenure.

Interactive calculator: https://awesomecalcs.com/loan-prepayment-calculator/3000000-loan-500000-prepayment

Keywords: loan prepayment calculator 30 lakh, 5 lakh prepayment interest saved, one time prepayment calculator

## Scenario inputs

```json
{
  "inputs": {
    "outstandingPrincipal": 3000000,
    "remainingTenureMonths": 180,
    "annualInterestRate": 9,
    "currentEMI": 0,
    "prepaymentType": "one-time",
    "prepaymentAmount": 500000,
    "prepaymentStartMonth": 12,
    "afterPrepaymentMode": "reduce-tenure"
  }
}
```

## Frequently asked questions

### Is a bonus-funded prepayment a common strategy in India?

Yes, applying an annual bonus or lump sum windfall toward loan principal is one of the most common prepayment strategies among Indian home loan borrowers, since it requires no change to monthly cash flow.