Prepayment Reduction Calculator
This calculator shows you how prepaying your loan reduces the length
of your loan. If you know your current principal balance and principal/interest
payment, then enter in the fields of A1 and A2.
If you don't remember your current principal balance and principal/interest payment
then enter the three values for your loan in B1, B2 and B3.
(Original Loan Amount, Month of First Payment, and Length of Loan).
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