How long to pay off a balance, and what interest costs.
Estimates only. Not financial advice.
We amortize your balance month by month: each month interest accrues on the remaining balance, your payment knocks it down. Adding an extra payment shortens the timeline and cuts interest.
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Interest is added monthly; your payment reduces the balance until it hits zero.
If the payment doesn't exceed monthly interest, the balance never falls.
Yes - it goes straight to principal and shortens the term.
No - an estimate; check your statement's exact terms.