Loan Repayment Calculator

Estimate a simple loan repayment plan and see how extra monthly payments could change your payoff time and total interest. This is a rough model only, not a full amortisation schedule.

Category: Finance Audience: Borrowers

Inputs

The calculator does not convert currencies. Treat every amount as your local currency.

This is how long you want to model the loan over, not necessarily the original bank term.

This extra is added on top of the modelled “standard” repayment to see how much faster you could clear the loan.

This is a simplified calculation. Actual lender calculations, fees, and rules may be different.

Results

Enter loan amount, interest rate, term, and (optionally) an extra monthly payment to see an estimated monthly repayment and payoff comparison.

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