Home loan prepayments simply mean you pay a certain portion of your loan amount earlier than the planned repayment period. Generally, a borrower tends to pre-pay their loan amount upon having surplus funds. https://www.livemint.com/money/personal-finance/why-prepayment-of-home-loans-is-better-in-early-years-of-tenure-than-later-explained-11670662716370.html
