Russian Mortgage Early Repayment Calculator
Calculate interest savings, compile a revised payment schedule, and compare term vs payment reductions.
Mortgage Prepayment Strategy Optimizer
Compare the financial outcome of shortening your term versus reducing your monthly installment sizes.
Option A: Reduce Term (Уменьшить срок)
Highly recommended. Your payment remains the same, but the principal is cleared rapidly, maximizing your compound interest savings.
Option B: Reduce Payment (Уменьшить платеж)
Lowers your monthly mandatory obligations. Provides financial security during career transitions or economic fluctuations.
Loan Details
Prepayment Settings
Total Interest Savings
6 549 158 ₽
New Monthly Payment
77 166 ₽
Term Shortened By
91 Months
Standard Payment
77 166 ₽
New Total Interest
6 970 580 ₽
Revised Amortization Log
| Month | Payment | Interest | Extra Prepay | Remaining Bal |
|---|---|---|---|---|
| 1 | 77 166 ₽ | 75 000 ₽ | — | 4 997 834 ₽ |
| 2 | 77 166 ₽ | 74 968 ₽ | — | 4 995 636 ₽ |
| 3 | 77 166 ₽ | 74 935 ₽ | — | 4 993 405 ₽ |
| 4 | 77 166 ₽ | 74 901 ₽ | — | 4 991 141 ₽ |
| 5 | 77 166 ₽ | 74 867 ₽ | — | 4 988 842 ₽ |
| 6 | 77 166 ₽ | 74 833 ₽ | — | 4 986 509 ₽ |
| 7 | 77 166 ₽ | 74 798 ₽ | — | 4 984 141 ₽ |
| 8 | 77 166 ₽ | 74 762 ₽ | — | 4 981 738 ₽ |
| 9 | 77 166 ₽ | 74 726 ₽ | — | 4 979 299 ₽ |
| 10 | 77 166 ₽ | 74 689 ₽ | — | 4 976 822 ₽ |
| 11 | 77 166 ₽ | 74 652 ₽ | — | 4 974 309 ₽ |
| 12 | 577 166 ₽ | 74 615 ₽ | 500 000 ₽ | 4 471 758 ₽ |
Educational Purpose Disclaimer
This calculator is provided for informational and educational estimation purposes only. All calculations and projections are based on standard mathematical formulas and assumed inputs. The output values should not be considered professional financial, legal, tax, or medical advice. ProCalc is not a registered financial advisor or licensed practitioner. Always consult a qualified professional (such as a Chartered Accountant, certified planner, or physician) before making major decisions.
What is the Russian Mortgage Early Repayment Calculator?
The Russian Mortgage Early Repayment Calculator simulates annuity home loan schedules in Russia and projects the financial impact of making extra principal payments. Due to high interest rates, making early payments (*досрочное погашение*) is a highly effective way to reduce overall interest charges. This calculator allows you to model a one-off or recurring prepayment and compare whether it is more beneficial to shorten your mortgage term (*уменьшение срока*) or reduce your monthly payment (*уменьшение платежа*).
How Does the Russian Mortgage Early Repayment Calculator Work?
Enter your current mortgage loan amount, annual interest rate, and remaining term in years. Input the amount of your planned extra payment and the month number in which it will be paid. Choose between reducing the monthly payment size or shortening the loan term to view your interest savings, new monthly payment, and how many months you shave off the mortgage.
Formula & Calculation Method
Monthly annuity is P × r(1+r)^n / ((1+r)^n - 1) where r is the monthly rate and n is the months. When an early payment E is made, it directly reduces the outstanding principal balance P. If reducing the payment, the monthly annuity is recalculated using the new balance over the remaining term. If reducing the term, the monthly payment remains constant, and the calculator simulates the schedule forward until the principal drops to zero.
Example Calculation
A 5,000,000 ₽ mortgage at an 18% interest rate for 20 years has a standard monthly payment of 77,046 ₽. Making a single early payment of 500,000 ₽ at Month 12: If reducing the term, your monthly payment stays at 77,046 ₽, but you save approximately 1,607,988 ₽ in total interest and shorten your term by 48 months (4 years). If reducing the payment, your monthly payment drops to 68,918 ₽, saving 862,604 ₽ in total interest with no term change.
Frequently Asked Questions
Monthly annuity is P × r(1+r)^n / ((1+r)^n - 1) where r is the monthly rate and n is the months. When an early payment E is made, it directly reduces the outstanding principal balance P. If reducing the payment, the monthly annuity is recalculated using the new balance over the remaining term. If reducing the term, the monthly payment remains constant, and the calculator simulates the schedule forward until the principal drops to zero.
Disclaimer: This financial calculator is provided for educational and estimation purposes only. ProCalc is not a registered financial advisor or SEBI entity. Rates and tax rules may vary.