Loan Top Up Calculator

It's additional borrowing offered on top of an existing loan (commonly a home loan) that you're already repaying, usually available once you've built up repayment history and often at a rate close to your existing loan's rate.

Prepayment reduces your outstanding principal with extra payments. A top-up loan increases your outstanding principal by adding new borrowing to the existing balance — the two move in opposite directions.

It can either extend the tenure or increase the EMI on your combined loan, depending on how you and the lender structure the top-up — enter the tenure you and your lender agree on to see the resulting combined EMI.

Typically yes, if the original loan (such as a home loan) is secured, the top-up usually rides on the same collateral rather than requiring new security.

Common uses include home renovation, business needs, or other large expenses, since it can offer a lower rate than a fresh unsecured personal loan by leveraging your existing secured loan relationship.