Early settlement calculator

Cost of clearing a loan ahead of schedule.

Built and reviewed by Dovanic, Founder and editor, FreeByteLast reviewed: 2026-08-18

Outstanding balance

Rate

Payments remaining

Early repayment charge

Net saving

$778

Settlement figure

$9,090

With these inputs, net saving comes to $778. Settlement figure works out to $9,090. The result assumes rate stays at 9%.

What moves the number · Net saving

Input	−10%	Now	+10%
Outstanding balance	$700	$778	$856
Rate	$689	$778	$867
Payments remaining	$692	$778	$864
Early repayment charge	$787	$778	$769

Whatmakesequal

Save this set of inputs, change something, then save again to compare the outcomes side by side.

Cost of clearing a loan ahead of schedule.

With the defaults above, net saving works out at $778.