What if I pay a little extra each month on my loan?
Remember to enter the term of the loan in months—a 30-year loan would be 360 months, a five-year loan would be 60 months, and so forth.
Analysis is provided for general illustration and/or informational purposes only and is not to be construed as tax, legal, or investment advice. Although the calculator is based on information from sources believed to be reliable, accuracy and individual circumstances can vary. The information should be relied upon only when coordinated with individual advice from qualified professionals.