Loan Repayment Calculator

Adjust the calculator to see the results update:

Your estimated monthly payment is $   *

Total amount to be repaid (with interest):
$ 
Total interest to be repaid:
$ 
  Interest   Principal
   

Generate Amortization Table

* Minimum monthly payment is based on an intial balance of $ , a monthly interest rate of  % ( %/12 months) and a payment term of   months. This is an estimate only and should not be used for accounting purposes.


Want to pay off your balance faster and pay less in interest?

Minimum Monthly Payment: $  + $  = $ 
What if I paid an additional per month?

You could be paid off in    years or     payments (  months early)

Total amount to be repaid (with interest):
$ 
Total interest to be repaid:
$ 
  Interest   Principal
   

You will have saved $   ( %)*
* Original interest: $ 

 
  Amount paid to principal
  Amount paid to interest on original schedule
  Amount paid to interest on revised schedule
 
 
 
   

Generate Amortization Table

The Loan Repayment Calculator is designed to provide an estimate of payments, and results received from this calculator are designed for informational purposes only. Edfinancial Services, LLC does not guarantee the accuracy of the information available, is not responsible for any errors, omissions, or misrepresentations, and is not responsible for the consequences of any decisions or actions taken as a result of the information provided by this tool.