Loan Early Repayment Fee
Calculate early repayment fees using sliding-scale daily interest for prepaying loan principals
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Compute loan prepayment penalties. Calculate fees based on outstanding loan periods using standard bank sliding-scale formulas.
How to use
- Enter your target prepayment principal amount and penalty fee rate (%).
- Choose either date-based or days-based input templates.
- Input the loan start and repay dates to calculate the estimated fee.
FAQ
- When are early repayment fees waived?
- Most standard consumer loans waive prepayment fees entirely after 3 years (1,095 days) have elapsed since the loan execution date.