Examples Using Early Payoff Calculator
Below are examples of how to input the loan information and extra
I have a 7% loan with 240 months to run and a balance of $234,000. How much must my monthly payment be beginning immediately to pay off the balance in 180 months?
I am taking out a new $200,000 loan at 7.75% loan for 30 years with payments starting in July. If I make an extra payment out of my bonus every December, how much must that payment be to pay off the loan in 15 years?
I have a balance of $35,450 on my 9% loan, which has 12 years to go. If I increase my monthly payments beginning in 8 months, how much must they be to pay off in 4 years?