5 Division Street, Suite A 113
East Greenwich, RI 02818

LinkedIn

Kevin Skaltsis, CFP®, CFEd®

(401) 262-5333

 

Student loans are a significant source of debt for many young working professionals, and monthly loan payments can significantly reduce available cash flow. See how making extra payments can help you pay off your student loans faster and save money on interest.

Your Loan Details

$
$1K$500K
%
$
$100$10K
$
$0$5K

Your Potential Savings

Interest Saved With Extra Monthly Payments
$0
Time Saved With Extra Monthly Payments0 months

Payoff Comparison

Regular Payments
Time to Pay Off0 months
Total Interest$0
Total Paid$0
With Extra Payments
Time to Pay Off0 months
Total Interest$0
Total Paid$0

Balance Over Time

By making extra payments of $0 per month, you could pay off your loan 0 months sooner and save $0 in interest over the course of the loan.

 

Related Content

Retirement Realities

Retirement Realities

Many pre-retirees can become focused on the “ideal” retirement, but turning that dream into a reality can be tricky.

Financial Strategies for Women

Financial Strategies for Women

Some may leave their future to chance but in the world of finance, the effects of the "confidence gap" can be apparent.

Exploring Retirement Plans for Small Businesses

Exploring Retirement Plans for Small Businesses

Help small businesses make better retirement decisions for employees with this eye-catching and informative infographic.