Loan Calculator with Extra Payments
Calculate loan payoff timelines and savings by modeling extra payment scenarios.
This loan calculator lets you input loan amount, interest rate, and term, then automatically generates a full amortization schedule. See exactly how extra payments accelerate payoff and reduce total interest paid. Perfect for homeowners, auto loan borrowers, or anyone wanting to understand their debt repayment strategy and explore what-if scenarios.
What's inside
- Amortization table with monthly payment details
- Extra payment input and impact analysis
- Total interest calculation and payoff date tracking
- Automatic recalculation of remaining balance
- Date calculations for loan term visualization
Download this template
.xlsx · 1 sheet · included with lifetime access
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