Loan Payoff Tracker
Track your loan repayment progress and see how extra payments accelerate your debt-free journey
Progress Overview
Paid: $0
Remaining: $0
Start: —
Projected Payoff: —
Time Saved
Original Term
0 months
New Term
0 months
Months Saved
0 months
Payoff Date
—
Interest Saved
Total Interest
$0
Interest Paid
$0
Interest Saved
$0
Total Savings
$0
Loan Details
Additional amount to pay toward principal each month
One-time payment to reduce principal
Payment Schedule
Make a Payment
Payment History
Amortization Schedule
See how each payment affects your principal and interest over time
| Payment # | Date | Payment | Principal | Interest | Balance |
|---|
Make an Extra Payment
See how additional payments affect your payoff timeline
Add Extra Payment
Upcoming Extra Payments
Payment History
Track all your payments and see your progress over time
How to Use This Loan Payoff Tracker
- Enter your loan details including amount, interest rate, and term
- Add any extra payments you plan to make (monthly or one-time)
- Click “Calculate Payoff Plan” to see your customized repayment schedule
- Use the tabs to view different aspects of your loan payoff strategy
- Track your progress over time and adjust your payments as needed
Benefits of Tracking Your Loan Payoff
- Visualize your progress toward becoming debt-free
- See how extra payments reduce your interest costs
- Stay motivated by watching your balance decrease
- Adjust your strategy based on real data
- Celebrate milestones along your debt-free journey
Tips for Paying Off Loans Faster
- Make bi-weekly payments instead of monthly
- Apply windfalls (tax refunds, bonuses) to your principal
- Consider the debt avalanche method (paying highest interest first)
- Look for ways to reduce expenses and allocate savings to debt
- Celebrate milestones to stay motivated