How it works

Once you set up your account and login, you start with a few simple inputs.
Those inputs will show you your monthly payment and
interest paid during the life of the loan.
Then, you can start testing the impact of any of the five additional payment scenarios. 
The text box in green will
summarize your savings potential.
But you can also look at the exhibit
to see the actual dollar amounts.
You can then check your balance or
how much interest you paid in any specific year.
Or you can scroll through the amortization table to see your additional payments at work, and what it does to your loan balance.
It can help you visualize what your current and future payments look like.
And also compares that to your loan as if you never made any changes.
In summary
New loan or already in repayment.
Five payment scenarios.
Easy to read results.
Paying off a loan is not simple, but understanding your options should be.