Early Repayment Calculator

Calculate how much you save by making extra payments: monthly, yearly, or lump sum.

Loan details

%

Extra payments

You'll save

€12413

in interest

Pay off early by

34 months

(2a 10m)

Regular payment

0,00

Total monthly

0,00

Comparison

Without extra payments20 años

Total interest

€77754

Total cost

€227754

With extra payments17a 2m

Total interest

€65341

Total cost

€215341

Interest breakdown

€78kOriginal interest
Interest saved(16.0%)
Interest paid(84.0%)

Time comparison

Original term20 años
New term17a 2m

Tips

Even small extra payments make a big difference over time.

Using annual bonuses or tax refunds accelerates payoff.

Verify your loan has no prepayment penalty.

What is early repayment?

Paying more than the minimum payment on your loan. The extra goes directly to principal, reducing balance and future interest.

Extra payment strategies

Monthly extra: consistent and easy to budget. Yearly payment: ideal for bonuses. Lump sum: good for inheritances or sales.

Important considerations

Check for prepayment penalties. Prioritize high-interest debt. Maintain an emergency fund before making extra payments.