Loan Payoff Calculator
See how extra payments accelerate your debt freedom
How Extra Payments Help
Paying even a small extra amount each month can significantly reduce your loan term and save you hundreds in interest. For example, adding $100/month to a $30,000 student loan at 6.5% can save you over $1,000 in interest.
The math: Extra payments reduce your principal faster, which means less interest accrues over the life of the loan.