Early Loan Payoff Calculator
Enter your loan details to see how adding an extra monthly payment amount changes your payoff date and reduces your total interest cost, whether it’s an auto loan, personal loan, student loan, mortgage, or other installment debt.
Your Loan Details
Use this calculator for most fixed-rate installment loans. Enter your loan balance, remaining term, interest rate, and the extra amount you can pay each month.
Results
Monthly Payment
| Minimum only: — |
| With extra: — |
Payoff Time
| Minimum only: — |
| With extra: — |
| — |
Total Interest
| Minimum only: — |
| With extra: — |
| — |
Estimated Savings
| Interest saved: — |
| Time saved: — |
Loan Balance Over Time
Compare Options to Speed Up Your Payoff
After you see how extra payments affect your payoff date, explore top-rated loan and budgeting options that could help you save even more.