Set your loan terms once, then check two ways to get there: a lump sum already sitting in the bank, or a steady monthly saving habit that quietly builds up to a full early settlement.
Loan details
value × LTV
Type change and hit Enter to reset the default
Loan amount = value × LTV
= 84 months
Lets results show real dates
If you know the exact outstanding amount
Counted from loan start
Counted from loan start
Both changes are relative to the loan's first month, not to "months already paid". Leave a rate blank to skip it.
Loan runway
month-by-month
TodayLump-sum closureSavings breakevenFull term
Interest rate comparison
optional rate comparison
Option A
example: 11% offer
Option B
example: 14% offer
Path A
Amount saved in the bank
Enter a lump sum sitting in savings. We find the earliest month your outstanding balance drops to that amount — the point you could pay it off in one go.
Path B
Early settlement plan
Build toward a full payoff with a fixed monthly saving. It's matched against your shrinking balance — not against an interest rate, since the point is simply reliable saving.
Set aside plainly — no deposit interest assumed
Saving only begins this many years from today
Applied to the remaining principal at closure. Leave blank to ignore.