EMI Prepayment Optimizer

Annual prepayments are most effective as they reduce principal early in the loan tenure when interest component is highest. Monthly prepayments provide faster debt reduction but require consistent discipline. One-time large prepayments are ideal when you receive bonuses or windfalls.

Reduce TENURE to maximize interest savings! Reducing tenure saves 30-50% more interest compared to reducing EMI. Only choose reduce EMI if you need better monthly cash flow for other financial goals.

Prepay as much as you can without compromising your emergency fund (6 months expenses) and other financial goals. A good rule: prepay 10-20% of loan amount annually if possible. Even small prepayments compound into significant savings.