Loan Payoff Calculator

What is Loan Payoff Calculator?

Loan Payoff Calculator helps borrowers see exactly how extra payments can change their loan payoff timeline and total interest costs. Enter your loan balance, interest rate, and loan term, then add an extra monthly, bi-weekly, or yearly payment to see the potential impact. You can compare your original loan with an accelerated payoff plan, including your new payoff date, total interest, total amount paid, number of payments, and estimated savings.