Loan Prepayment Calculator
Use this free loan prepayment calculator to work out how much interest and time you save by paying extra on a loan. Enter your numbers and the results update as you type. It runs in your browser, so nothing you enter is uploaded, and there is nothing to sign up for.
Runs in your browser. Your files never leave your device.
How it works
- 01Enter your numbers in the fields.
- 02The results update as you type.
- 03Change a value to compare what-if cases.
Questions
Does paying extra on a loan save money?
Yes, as long as the lender applies the extra to the balance. Less balance means less interest each month and an earlier finish.
Is my data saved or sent anywhere?
No. The calculation runs in your browser and nothing is uploaded.
Are the results exact?
The maths is exact for the values you enter, but real life can differ because of fees, taxes and changing rates. Use the result as a guide.
Is my file uploaded to a server?
No. Everything happens inside your browser on your own device. Your files are never sent to us or anyone else.
Is it free?
Yes. It is free to use, with no signup, no watermark and no daily limit.