INTERACTIVE CALCULATOR
Early repayment
Compare reducing your loan term or your monthly repayment.
UNDERSTAND YOUR NUMBERS
How to read your result
A worked example
Repaying €5,000 from a €50,000 balance immediately leaves €45,000 on which future interest is charged. Keeping the repayment usually shortens the term.
How it is calculated
Two monthly schedules are compared: your current loan and a loan with an initial repayment and any monthly overpayments. You can keep the repayment or recalculate it for the remaining term.
Common mistakes and limitations
Early-repayment charges are excluded. Enter a current repayment that covers monthly interest and make sure the outstanding term matches your loan.
Content by Numelva · Methods, sources and limitations ↗