About Loan Payoff Chart

Last updated: October 28, 2026

The schedule is a model of the numbers you type. It is not a payoff quote from a lender or a servicer, and it is not a recommendation to borrow or to send extra principal.

Who runs it

Loan Payoff Chart is an independent website at loanpayoffchart.com, published by the site operator. It is not a bank, a mortgage company, or a loan servicer. Questions and corrections go to contact@loanpayoffchart.com. That address reaches the person who publishes the site. There is no separate support desk and no account team.

What the calculator does

The homepage builds one fixed-rate schedule at a time from:

• Loan amount — the principal the schedule starts from.
• Interest rate — the annual rate you type. Monthly mode divides it by 12. Bi-weekly mode divides it by 26.
• Term — the number of years used to set the regular payment.
• Start month — labels the rows and the payoff month.
• Extra monthly payment — added to principal on every period, until the balance is gone.
• Extra one-time payment — added once, in month 6, or in bi-week 13 if the frequency is bi-weekly.
• Payment frequency — monthly, or bi-weekly (half of the monthly payment, every two weeks).

From those inputs the page shows the regular payment, total interest, total of payments, a payoff month, a chart of balance against cumulative principal and interest, and the amortization table. You can switch the table between individual periods and yearly sums, and you can print it.

The form opens on a sample: $300,000 at 6.5% for 30 years, monthly, with no extra payment. That sample is there so the chart is not blank. Replace it with your own figures. The page shows one loan at a time. To compare two rates, note the result, then change the rate.

How the math works

Each monthly period, interest is the remaining balance multiplied by the annual rate divided by 12. The regular payment is the standard fixed payment that would bring that balance to zero at the end of the term if you paid it every month and added nothing extra. Whatever part of the payment is not interest reduces principal. An extra amount reduces principal again, and the next period’s interest is computed on the new balance.

Bi-weekly mode takes that same monthly payment, cuts it in half, and repeats the step 26 times a year using the annual rate divided by 26. The biweekly guide walks through the sample loan in that mode. The interest-math guide shows why the first years of a long loan send most of each payment to interest. The guides index lists the rest.

Totals on the summary cards are rounded to the nearest dollar. The payment and the table use cents. The last period is smaller if a full payment would overshoot the balance.

What it leaves out

The chart does not include taxes, insurance, mortgage insurance, escrow, origination fees, discount points, or late fees. It does not know your credit, your property, or your servicer’s posting rules. A contract that charges interest each day, or that applies an extra payment to a future installment instead of to principal, will not match this table. A prepayment penalty is not subtracted. The guides say when those gaps matter. They do not close them.

Nothing you type is sent to us or saved as a profile. Reloading the page returns the sample loan. Details are in the privacy policy.

Advertising

The homepage and the guides may load Google AdSense. This about page, the privacy policy, the terms, and the contact page do not. Advertising pays for hosting a free calculator. It does not change the formula, and an ad is not a lender we are pointing you to.

Corrections

If a worked example does not match the calculator, or a sentence describes the formula wrong, email contact@loanpayoffchart.com with the page and the sentence. The contact page says what to include. Guide figures were computed with the same monthly (or 26-period) formula the homepage uses, and checked to the cent against that formula on October 28, 2026.