How much you still owe on a loan after a number of payments, and how much of what you paid was interest.
Figures checked: October 2026 · Methodology and sources
With a fixed monthly payment, the early payments are mostly interest and the later ones mostly principal. That is why, halfway through a loan, you usually still owe more than half.
Enter the original loan, rate, term and the number of payments made to see what is left and how much you have paid in interest so far.
Interest is charged on the remaining balance, which is highest at the start, so early payments repay little principal.
Yes: every extra payment reduces the balance on which interest is charged, shortening the loan or lowering the payment.
It should be close; banks may differ by a few units because of rounding and the exact payment dates.
Indicative results. This is not financial advice.
Know how much you will have left at the end of the month
Works without your bank: we never ask for your bank passwords.