English language Spanish language  Portuguese language 
You are here : > Home> Utilities > Financial calculus > Loan prepayment>

Loan prepayment

At any given moment, a person wants to pay the loan outstanding. The most common reasons are: the lowest interest rates in other institutions, the reduction in payments due to the longer term, or just the anticipation of payments to avoid interest.
To pay a loan outstanding is necessary to know precisely the current balance, which is obtained by applying a discount rate plus the addition of contractual charges.
From the standpoint of the borrower, the minimum parameter for a good negotiation is a discount rate equal to or greater than the interest rate on the original loan.
Calculate the payments for the new loan agreement.
Enter the requested data. Use the point as decimal separator. Ex. For the number 22,152.47; enter 22152.47; the results will be displayed automatically after you click "Calculate".

Loan prepayment
Montlhy payment:
Penalty and other charges:
Remaining term in monthy:
Montlhy interest rate:
Remaining Balance:
Total payment:

Related topics

Monthly investments Monthly investments in unequal installments Monthly leasing payments Auto loan calculator Balloon payment Car balloon payment Leasing prepayment Leasing interest rate Monthly loan payments Mortgage monthly payments Loan prepayment Loan prepayment with extra monthly payment Number of payments Loan Interest Interest on consumer goods Equivalent interest rate Loans comparison Future Value - investment Future value exponential convention Future value linear convention Present value - investment Interest - investment Present value of annuity (investment) growing Future value of annuity (investment) growing Period - investment Price discount Simple discount Simple discount period Bill discounting Average term discount Effective rate discount Overdue bill charges Late payments Restaurant - checking the bill