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Add Extra To Payment Calculator

To use our extra payment calculator, you must have JavaScript enabled

If you add extra to each monthly payment you make on a loan or mortgage, you will save on interest, plus you will pay off the loan in much less time. Use this calculator to find your savings.

Principal Balance Annual Interest Rate
Monthly Payment Additional Payment
Interest Saved % Annual Return

Our calculators and tools are not intended to be scientific and are only to be used as a general guideline. Information found on our site should not take the place of professional legal and financial assistance.