Loan Payoff Calculator
Estimate remaining payments, payoff date, and interest with optional extra monthly payments.
Estimate a payoff plan
Payoff estimate will appear here.
Practical ways to use this tool
- Credit card payoff — Compare the payoff month with and without an extra payment.
- Car loan planning — Estimate how much interest remains at the current payment.
- Debt snowball step — Copy a payoff summary into a personal budget note.
Privacy note: the entries you type are processed in your browser. Use copy, download, or calendar export only when you want to move results somewhere else.
What makes it useful
The page answers a different question than a payment calculator: how long the current balance could take to disappear and how extra payments change the finish line.
This is an estimate using monthly compounding. Fees, changing rates, skipped payments, and lender-specific rules can change real payoff amounts.
FAQ
Is this financial advice?
No. It is a planning calculator for estimates you can compare with lender statements.
What if the payment is too low?
The result warns when the payment does not cover the first month of interest.
Can I export a schedule?
Yes. The schedule CSV gives month-by-month estimated balance and interest.