Loan Calculator: Extra Payment

Using this loan Calculator with extra payment you can see how fast you can payoff your debts by making extra repayments. If you are looking to get debt free fast then this app is a useful tool to make quick calculations.

📊EXTRA PAYMENT CALCULATOR FOR YOUR DEBTS
If you are planning to make additional payments for your loans, you will want to see how long it will take to pay off your loan with extra payments and exactly how many payments you will be making. By entering details regarding your loan, you can see the information you require instantly. Including a payment schedule that will show the principal and interest you will pay for each month and your remaining balance for the loan.

💰LOAN PAYOFF CALCULATOR WITH EXTRA PAYMENTS
You can select your repayment frequency as annually, weekly, monthly or fortnightly. Extra payments can be entered as monthly or yearly contributions to see how much faster you can pay off your loan and how much less interest you’ll pay over time. You can also add balloon payments to include one-time lump sum amounts at the end of your loan. No need to use complicated finance software or excel to calculate your payments, just use this simple and user friendly app to get instant results.

💵HOW TO PAYOFF YOUR LOAN FASTER
Making extra principal payments will help you payoff your loan fast. You can compare how making a monthly payment versus a biweekly payment will make a difference to the total interest you will be paying over time. You can use the detailed report provided for your personal accounting to manage your budget and see how much money you can save.

🏦LOAN CALCULATOR WITH EXTRA PAYMENT FEATURES
⭐️ Enter the annual interest rate (APR)
⭐️ Input your repayment frequency as annually, weekly, monthly or fortnightly
⭐️ Enter your loan term in months or years
⭐️ Calculate a payment schedule for your loan
⭐️ See the total interest amount, number of payments made, total extra payment, monthly principal & interest
⭐️ Enter monthly or yearly extra payments and balloon payments
⭐️ See the total monthly repayment