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FREE CALCULATOR
Extra Loan Payment Calculator
See the effect of adding extra money to a fixed loan payment.
About this calculator
Extra principal payments can reduce payoff time and interest when your loan permits them without a prepayment penalty.
How to use it
Enter your information in the fields above. Results update automatically as you change the values, making it easy to compare different scenarios.
Important: This calculator provides estimates for planning and educational purposes. Actual rates, fees, taxes and results can vary. It is not financial, tax, legal or investment advice.