See how adding extra each month can change your payoff timeline and total interest.
Your remaining principal balance today.
Use the APR listed on your loan statement.
How many months are left if you pay as scheduled.
Extra you plan to add monthly toward principal.
Scheduled payment (estimated)$0
New payment with extra$0
Payoff time (no extra)—
Payoff time (with extra)—
Total interest (no extra)$0
Total interest (with extra)$0
Interest saved$0
Months saved0
Disclaimer: This is an estimate for educational purposes. Results assume extra payments are applied to principal and that the lender does not change your rate/terms. Some lenders have payment rules or fees—confirm how extra payments are applied on your specific loan.
