Loan Prepayment and Maturity Reduction Calculator

Calculate the remaining principal, revised installment, and estimated shortened maturity after a loan prepayment.

Formula

New principal = remaining principal − prepayment. The equal-payment formula estimates the revised payment and maturity.

Source / method note

Uses an equal-payment loan assumption and estimates amortization from the remaining principal and monthly rate.

Legal / official rate note

Check the bank offer for interest refunds, commissions, insurance, and other contractual items.

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