Loan Calculator

Loan Calculator- Results When Prepaying Principal

You will need to enter the loan variables (principal, interest rate, amortization periods.

The amortization schedule is a breakdown, per year, of principal and interest. If you want to see a monthly breakdown click "Yes" to amortization schedule.

 At the bottom of the schedule you will see the net results of prepaying your loan, which is

 interest saved and years shaved off loan.