Loan Early Payoff Calculator

See how much interest you can save and how quickly you can pay off your loan by making extra monthly payments.

Loan Details

Loan Amount

$

Annual Interest Rate

%

Loan Term30 years

1 years30 years

Extra Monthly Payment

$

Payoff Comparison

Standard Payments

Monthly Payment$1,580.17

Payoff Time30

Total Interest$318,861.22

With Extra Payments

Monthly Payment$1,880.17

Payoff Time19

Total Interest$193,347.21

Time Saved10

Interest Saved$125,514.01