Loan Payoff Calculator โ See Time and Interest Saved
Enter the balance, rate, monthly payment and extra payment to compare payoff time and total interest.
Payoff with extra
Time saved
Estimated interest
Interest saved
Assumes a fixed-rate loan paid monthly after interest accrues, with every extra payment applied to principal. Fees, taxes, insurance, prepayment penalties and daily interest are excluded. Check your agreement and servicerโs payment rules.