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Loan early repayment calculator
Estimate how extra monthly principal payments affect a fixed-rate loan’s repayment term and interest.
Assumes the extra payment goes to principal each month after the regular payment, the rate stays fixed, and the scheduled principal-and-interest payment stays the same. Amounts and monthly interest are rounded to two decimal places; the final payment is adjusted. Fees, taxes, insurance, prepayment penalties and contract-specific rules are not included. Check whether your lender permits extra payments and applies them to principal.
| Month | Payment | Principal | Interest | Remaining balance |
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