Your loan

Loan amount Interest rate

Term Start date

If you change nothing

Monthly payment —

Paid off on —

Total interest paid —

With your what-if changes

Effective monthly —

Paid off on —

Total interest paid —

You'd save —

What if you…

…paid extra principal every month? $0/mo

…made a one-time lump sum payment?

…paid biweekly instead of monthly?

Half the monthly payment every 2 weeks = 26 half-payments = 13 full payments per year (one extra).

…refinanced?

New rate

New term

Slate line = baseline. Green line = your scenario. The gap is the years you save.