Extra Loan Repayment Calculator

How much time and interest can you save by paying more than your minimum repayment? Any time you make an extra payment of your loan above the monthly minimum you are saving money on the total intrest paid over the life of your loan and could be cutting years of time off the life of your loan if done often enough.

Try working through a few different scenarios with extra payments on your current loan or potential loan and also try out lump sum repayment calculator to see how much time and money you can save by putting a few extra dollars a month into your loan payments.

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