⏩ Prepayment Calculator

Calculate how much interest you save and how much shorter your loan becomes

x NT$10K
100 × NT$10K1000 × NT$10K5000 × NT$10K
%
0.5%2.10%8%
0 yr5 yr29 yr
x NT$10K

Current balance: NT$ 8,738,175

Interest Saved (Shorten Term)
NT$ 610,953
Original MonthlyNT$ 37,464
Remaining Months300 mo (25.0 yr)
Shorten Term257 mo
Lower PaymentNT$ 33,177(-4,287)

📊 Prepayment Benefit Comparison

OriginalShorten TermLower Payment
Monthly PaymentNT$ 37,464NT$ 37,464NT$ 33,177
Term (months)25.0 yr21.4 yr25.0 yr
Total InterestNT$ 3,487,047NT$ 2,876,094NT$ 3,200,828
Interest Saved🎉 NT$ 610,953🎉 NT$ 286,219

📈 Remaining Balance Comparison

💡 Extra Monthly Payment

How many years earlier can you pay off with extra monthly payments?

$1,000NT$ 5,000$30,000
Early Payoff
3.7 yr
Interest Saved
NT$ 368,417

Which Option Should You Choose?

Shorten Term

Same monthly payment, fewer months. Maximum interest savings. Best for stable income earners who want to pay off faster.

📉

Lower Payment

Same term, less monthly pressure. Slightly less interest saved. Best if you need monthly cash flow flexibility.

💡 Best Timing: Prepaying in the first third of your loan term maximizes interest savings, since most early payments are interest. Later prepayments have a smaller impact.

⚠️ Disclaimer: Calculator uses equal payment (fixed monthly) basis. For educational purposes only. Actual terms, prepayment penalties, and interest calculations depend on your bank contract. Consult your bank or financial advisor before making financial decisions.