💳 Finance
Loan Payoff Calculator
Find out how much time and interest you save by making extra payments on any loan.
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Minimum payments only
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With extra payments
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How extra payments work
Every extra dollar you pay goes directly to principal, which reduces the balance interest is calculated on. Even $50–$100 extra per month can save thousands and cut years off your payoff timeline. Specify "apply to principal" when making extra payments to your lender.