A little extra toward principal pays the loan off years sooner and saves tens of thousands in interest. See exactly how much, side by side with the scheduled payoff.
The Loan
$
%
Current note rate on the loan
yrs
Extra Payments
$
Added to principal every month
$
Lump applied once a year
$
Applied to principal now
Loan Officer Information
All fields below are required and appear on the client report and its disclosures.