INSTRUCTIONS
This calculator is designed to help you work out how quickly you can
pay off a loan if you increase your monthly repayments and how much
interest you would save by doing this.
Enter your loan amount, the original term of your loan and
the interest rate.
Click the first button to calculate the monthly repayments based
on your original term.
Enter your additional monthly repayment.
Click the second button to calculate your reduced loan term
and interest saving.