Calculators

How long will it take to pay off my loan?

Use this loan payoff calculator to find out how many payments it will take to pay off a loan.

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Purchase price

Down payment amount

Monthly payment amount

Interest rate

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Calculator Results

It will take 68 payments to pay off your loan.

Calculator tips

Your payments add up to $38,057.61. This includes your payments to interest which add up to $3,057.61 over the life of the loan.

This calculator uses monthly compounding and monthly payment frequency.

Calculator disclaimer

The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results.