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Loan early repayment calculator
Estimate how extra monthly principal payments affect repayment time and interest for a fixed-rate loan.
We assume di extra payment reduces principal every month after di regular payment, and di rate and scheduled principal-and-interest payment stay fixed. Amounts and monthly interest dey rounded to two decimal places; di final payment dey adjusted. Fees, taxes, insurance, early repayment penalties and special contract terms no dey included. Check with your lender whether extra payments dey allowed and go to principal.
| Month | Payment | Principal | Interest | Remaining principal |
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