Calculator
Increase your benefits and reduce your term even faster by adding additional funds to be deducted biweekly. You can change the following example to a dollar amount of your choice.
Original Loan
Added Benefits
Amount Financed
Interest Rate
Loan Term (months)
Days to First Payment
First Payment Date
Monthly Payment
Payment
Effective Rate*
Remaining Term
Application Fee
Term Reduction
*Effective Rate is not an APR and is calculated by projecting the actual principal and interest paid upon completion of Biweekly payments over the original loan term and is used for comparison purposes only. **Accelerated Equity is the balance that would have been remaining on the standard amortization at the time of program pay-off.
Initial Debit:
MM/DD/YYYY
Regular Debit:
First Loan Payment:
First Payment on Client's Behalf: