Personal Loan Extra Payment Calculator

Use our personal loan extra payment calculator to see how additional payments can reduce your loan term and interest. Personal loan calculator with extra payments helps you plan your repayment strategy and save money.

Extra Payment Personal Loan Calculator

Loan Amount
Loan Terms
Interest Rate
Payment Frequency
First Payment Date
Amortization Schedule
Extra Payments
One Time
On Date
Monthly or Biweekly
Starting Date
Quarterly
Starting Date
Yearly
Starting Date

Personal Loan Amortization Schedule

Payment Date
Payment #
Interest Paid
Principal Paid
Extra Payment
Total Payment
Remaining Balance
Dec, 2025
1
$279.17
$429.51
$300.00
$1,008.68
$39,270.49
Jan, 2026
2
$274.08
$434.60
$300.00
$1,008.68
$38,535.89
Feb, 2026
3
$268.95
$439.73
$300.00
$1,008.68
$37,796.16
Mar, 2026
4
$263.79
$444.89
$300.00
$1,008.68
$37,051.27
Apr, 2026
5
$258.59
$450.09
$300.00
$1,008.68
$36,301.18
May, 2026
6
$253.35
$455.32
$300.00
$1,008.68
$35,545.86
Jun, 2026
7
$248.08
$460.60
$300.00
$1,008.68
$34,785.26
Jul, 2026
8
$242.77
$465.90
$300.00
$1,008.68
$34,019.36
Aug, 2026
9
$237.43
$471.25
$300.00
$1,008.68
$33,248.11
Sep, 2026
10
$232.04
$476.63
$300.00
$1,008.68
$32,471.47
Oct, 2026
11
$226.62
$482.05
$300.00
$1,008.68
$31,689.42
Nov, 2026
12
$221.17
$487.51
$300.00
$1,008.68
$30,901.91
Dec, 2026
13
$215.67
$493.01
$300.00
$1,008.68
$30,108.90
Jan, 2027
14
$210.14
$498.54
$300.00
$1,008.68
$29,310.36
Feb, 2027
15
$204.56
$504.11
$300.00
$1,008.68
$28,506.25
Mar, 2027
16
$198.95
$509.73
$300.00
$1,008.68
$27,696.52
Apr, 2027
17
$193.30
$515.38
$300.00
$1,008.68
$26,881.14
May, 2027
18
$187.61
$521.07
$300.00
$1,008.68
$26,060.08
Jun, 2027
19
$181.88
$526.80
$300.00
$1,008.68
$25,233.28
Jul, 2027
20
$176.11
$532.57
$300.00
$1,008.68
$24,400.71
Aug, 2027
21
$170.30
$538.38
$300.00
$1,008.68
$23,562.33
Sep, 2027
22
$164.45
$544.23
$300.00
$1,008.68
$22,718.10
Oct, 2027
23
$158.55
$550.12
$300.00
$1,008.68
$21,867.97
Nov, 2027
24
$152.62
$556.06
$300.00
$1,008.68
$21,011.92
Dec, 2027
25
$146.65
$562.03
$300.00
$1,008.68
$20,149.89
Jan, 2028
26
$140.63
$568.05
$300.00
$1,008.68
$19,281.84
Feb, 2028
27
$134.57
$574.11
$300.00
$1,008.68
$18,407.74
Mar, 2028
28
$128.47
$580.21
$300.00
$1,008.68
$17,527.53
Apr, 2028
29
$122.33
$586.35
$300.00
$1,008.68
$16,641.18
May, 2028
30
$116.14
$592.53
$300.00
$1,008.68
$15,748.65
Jun, 2028
31
$109.91
$598.76
$300.00
$1,008.68
$14,849.88
Jul, 2028
32
$103.64
$605.04
$300.00
$1,008.68
$13,944.85
Aug, 2028
33
$97.32
$611.35
$300.00
$1,008.68
$13,033.49
Sep, 2028
34
$90.96
$617.71
$300.00
$1,008.68
$12,115.78
Oct, 2028
35
$84.56
$624.12
$300.00
$1,008.68
$11,191.66
Nov, 2028
36
$78.11
$630.57
$300.00
$1,008.68
$10,261.09
Dec, 2028
37
$71.61
$637.06
$300.00
$1,008.68
$9,324.03
Jan, 2029
38
$65.07
$643.60
$300.00
$1,008.68
$8,380.43
Feb, 2029
39
$58.49
$650.19
$300.00
$1,008.68
$7,430.24
Mar, 2029
40
$51.86
$656.82
$300.00
$1,008.68
$6,473.42
Apr, 2029
41
$45.18
$663.50
$300.00
$1,008.68
$5,509.92
May, 2029
42
$38.45
$670.22
$300.00
$1,008.68
$4,539.70
Jun, 2029
43
$31.68
$676.99
$300.00
$1,008.68
$3,562.71
Jul, 2029
44
$24.86
$683.81
$300.00
$1,008.68
$2,578.90
Aug, 2029
45
$18.00
$690.68
$300.00
$1,008.68
$1,588.22
Sep, 2029
46
$11.08
$697.59
$300.00
$1,008.68
$590.63
Oct, 2029
47
$4.12
$590.63
$0.00
$594.75
$0.00

Compare Monthly vs. Bi-weekly

Payment Frequency
Monthly
Bi-weekly
Payments / Year
12
26
Each Payment
$1,008.68
$654.34
Total Extra Payments
$13,800.00
$20,400.00
Total Interest
$6,993.86
$4,617.82
Total Tax, Insurance, PMI & Fees
$0.00
$0.00
Total Payment
$46,993.86
$44,617.82
Total Savings
$0
$2,376.05
Payoff Date
Oct, 2029
Jul, 2028