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Mortgage Calculator: A Simple Tutorial (template included)!Calculate the EMI that you will be required to pay for your home loan with our easy to understand home loan EMI calculator. How to Use Home Loan Prepayment Calculator? � Enter the outstanding loan amount. � Select the current interest rate. � Enter the remaining tenure of the loan. Use the Home Loan Prepayment Calculator to find out how much you will save on interest and how it affects your home loan EMI.