Extra Loan Payment Impact Estimator Extra Loan Payment Impact Estimator See how making extra payments can reduce your loan term and save you interest. Loan Details Original Loan Amount: Annual Interest Rate (%): Original Loan Term (Years): Extra Payments (Optional) Extra Monthly Payment: Enter any additional amount you plan to pay each month. One-Time Extra Payment: Enter a lump sum amount you plan to pay once. Apply One-Time Payment After Month: Enter the number of months after the loan start when the one-time payment will be made. Calculate Impact Download Results as PDF Calculation Results Original Calculated Monthly Payment: (Principal & Interest only) Loan Payoff Comparison Metric Original Schedule With Extra Payments Payoff Time Total Interest Paid Total Principal Paid Total Paid (Principal + Interest) Your Savings Total Interest Saved: Loan Paid Off Early By:
