Extra Payment Calculator
How much time and interest extra loan payments save.
Runs entirely in your browser. Nothing is sent anywhere.
How it works
- 1Enter your values.
- 2See the result update instantly as you type.
- 3Change any value to compare scenarios.
About this tool
Extra Payment Calculator: How much time and interest extra loan payments save. Type your numbers and the result is calculated instantly — no button to press, nothing to install. All math runs locally in your browser, so the values you enter are never sent anywhere.
Example
| Input | |
|---|---|
| Loan amount | 200,000 |
| Interest rate (% per year) | 4 |
| Term (years) | 25 |
| Extra per month | 100 |
| Extra once per year | 0 |
| Result | |
| New loan term | 21 Years 7 Months |
| Time saved | 3 Years 5 Months |
| Interest saved | 18,019.66 |
| Monthly payment | 1,055.67 |
| Total interest | 98,682.44 |
How do I use the Extra Payment Calculator?
Enter your values. See the result update instantly as you type. Change any value to compare scenarios.
Is the Extra Payment Calculator free?
Yes. It is completely free with no sign-up, no usage limits and no watermark.
Is my data sent to a server?
No. Everything is calculated locally in your browser. Nothing you enter is uploaded, logged or stored.
Does it work on my phone?
Yes. It works in any modern browser on Android, iPhone, iPad, Windows, Mac and Linux — no app needed.