Loan Payoff Calculator
See what paying the balance off early would save you in interest.
Assumes the balance is settled at par with no prepayment penalty. Check your agreement: some loans charge to pay early, and on a factor-rate advance the full payback is usually owed whenever you settle, so paying early saves nothing.
Estimates only. Actual rates, terms and payments are set by the lender and depend on your business, your credit and the product. Nothing here is an offer of credit or financial advice.
How this calculator works
The calculator works out the payment on your remaining balance and the interest you would pay by keeping the loan to the end of its term.
Paying the balance off today saves that remaining interest, less any prepayment penalty your lender charges, so check your agreement first.
Worked example
With $60,000 left at 14% APR and 24 months to go, the payment is about $2,881 a month, and paying it off now saves roughly $9,139 in interest before any prepayment penalty.
Estimates only. Actual offers depend on the lender, your business and the final terms.
A fixed lump sum with predictable monthly payments — built for growth.
$25,000 – $2,000,000 · 5 – 10 business days
See what you qualify for
One application, a soft credit check, and real offers ranked by total cost — in minutes.
No obligation · Checking your options won't affect your credit score.