Early Loan Payoff Calculator - Work Toolz

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Early Loan Payoff Calculator

Currency Symbol:

Current Loan Balance:

$

Annual Interest Rate (%):

Remaining Loan Term:

Term Unit: Years Months

Extra Monthly Payment:

$

Lump Sum Payment Amount:

$

Make payment after month #:

Calculation Summary

Original Monthly Payment:

Original Total Interest:

Original Payoff Months:

New Total Interest (with Prepayment):

Interest Saved:

New Payoff Months:

Time Saved:

```