ORIVU loan + SIP planner
Plan Your Loan to Pay It Off Early
Calculate when your SIP could cover your remaining loan—or how much to invest monthly to target an earlier repayment date.
Keep paying your EMI. Build a separate investment fund. Compare both month by month.
Your loan
Your repayment plan
Your projected repayment milestone
May 2038
Your projected SIP fund first covers the remaining loan after 11 years 8 months (140 monthly payments).
Monthly EMI
₹17,995
Monthly SIP
₹5,000
Total monthly commitment
₹22,995
EMI + SIP, until projected closure.
Projected closure date
May 2038
Subject to the assumed investment return.
Time saved
8 years 4 months
Estimated loan interest avoided
₹5,36,693
Remaining scheduled loan interest; before taxes and closure charges.
Loan balance at closure
₹12,62,759
After that month’s EMI, before redeeming the SIP.
Projected SIP fund at closure
₹12,79,315
SIP contributions / projected gain
₹7,00,000 / ₹5,79,315
Where your SIP meets your loan
Balances after each monthly payment. The dotted line marks projected early closure.
What if the return is lower?
At 7% annual return with the same monthly SIP: projected closure moves to month 150 (March 2039).
Year-by-year comparison
Projection stops at closure. Loan balance shown is before the SIP redemption.
| Month | EMI paid | Loan balance | SIP invested | Projected SIP fund |
|---|---|---|---|---|
| 12 | ₹2,15,934 | ₹19,62,546 | ₹60,000 | ₹62,703 |
| 24 | ₹4,31,868 | ₹19,21,578 | ₹1,20,000 | ₹1,31,676 |
| 36 | ₹6,47,803 | ₹18,76,767 | ₹1,80,000 | ₹2,07,546 |
| 48 | ₹8,63,737 | ₹18,27,753 | ₹2,40,000 | ₹2,91,003 |
| 60 | ₹10,79,671 | ₹17,74,141 | ₹3,00,000 | ₹3,82,806 |
| 72 | ₹12,95,605 | ₹17,15,500 | ₹3,60,000 | ₹4,83,789 |
| 84 | ₹15,11,540 | ₹16,51,357 | ₹4,20,000 | ₹5,94,871 |
| 96 | ₹17,27,474 | ₹15,81,198 | ₹4,80,000 | ₹7,17,061 |
| 108 | ₹19,43,408 | ₹15,04,457 | ₹5,40,000 | ₹8,51,470 |
| 120 | ₹21,59,342 | ₹14,20,518 | ₹6,00,000 | ₹9,99,319 |
| 132 | ₹23,75,277 | ₹13,28,704 | ₹6,60,000 | ₹11,61,954 |
| 140 · Closure | ₹25,19,233 | ₹12,62,759 | ₹7,00,000 | ₹12,79,315 |
How the calculation works
The loan uses a fixed reducing-balance EMI and a monthly rate of annual loan rate ÷ 12. After each month: loan balance = previous balance + interest − EMI. The SIP fund = previous fund × (1 + monthly return) + monthly SIP. The investment monthly return is (1 + annual return)^(1/12) − 1, with the annual return expressed as a decimal.
For a target date, the required SIP is the remaining loan balance divided by the month-end SIP accumulation factor, rounded up to the next rupee. Both payments happen at month-end; crossing is checked after both payments.
This educational projection excludes investment taxes, exit loads, loan prepayment or foreclosure charges and changes in loan rates. Investment returns fluctuate and can be negative. Compare this approach with direct loan prepayments and check the lender’s actual settlement amount before making a decision.