Loan Payoff Calculator with amortization and extra payments

Loan Payoff Calculator

With this loan payoff calculator you can estimate your weekly, bi-weekly, monthly, bi-monthly, quarterly, semi-annually or annually payments. We also have a mortgage pay off calculator and a car pay off calculator as well.

Calculate your regular payment amount simply by entering the required values (fields highlighted with red when active) or add extra payments to calculate the early loan payoff time and thus save money.

Although loan terms in real life can be slightly different, this pay off calculator gives you a prety good estimated result for your loan. Find a perfect payoff amortization schedule by running multiple loan scenarios.

loan calculator

Purchase price:

Down payment:

Loan amount:

Interest rate:

Loan length:

years

months

Pay periodicity:

Loan start date:

[ + ] extra contribution to every payment

Amount:

[ + ] annually recurring extra payment(s)

Amount #1: Date #1:

[ + ] one-off lump sum extra payment(s)

Amount #1: Date #1:

Personal finance becomes more and more important in our lives since the majority of our bigger purchases are funded by some kind of a loan. To keep up with your monthly expenses, you should know how much your wallet can handle. Run multiple scenarious for a loan to find the one that really satisfies your expectations. With this calculator you can calculate the monthly payment amounts and by adding extra payments to you loan you will reduce the remaining balace faster, thus you will save money. Try to change the payment periodicity to see how it affects the outstanding balance and the calculated interest. Paying more often can also reduce the amount of payed interest. Just enter the desired values to the appropriate fields without currency, percantage and digit grouping symbols and hit the calculate button.

This online loan payoff calculator calculates the loan pay off timeand allows extra payments for early loan pay off calculation.

Loan Payoff Calculator

This online loan payoff calculator calculates the loan pay off time
and allows extra payments for early loan pay off calculation.