Personal Loan Payoff Calculator
Enter balance, rate, term, and optional extra payment. See months to payoff and total interest paid.
Payoff with extra
Enter values to calculate.
How it works
Same as extra-payment payoff: we add extra to the base payment and solve for months to zero balance.
When to use it
Use it to plan payoff of a personal loan or to see how much extra shortens the term.
Frequently asked questions
Prepayment penalty?
Most personal loans don't have one. Check your contract.
Same as extra payment payoff?
Yes, same math. This one is framed for personal loans.