Extra payments — see what you save
An extra amount each month goes straight to reducing the remaining balance. That shortens the term and cuts total interest — often by more than people expect.
The calculator simulates the amortization schedule month by month with and without the extra payment, so you can see both time and interest saved. Results are estimates, not a bank offer.
Inputs
Your numbers are never stored — everything is calculated in your browser.
Results
- Monthly payment without extra
- NOK 17,537.7
- Monthly payment with extra
- NOK 19,537.7
- Original term
- 25 yr
- New payoff time
- 20 yr 6 mo
- Time saved
- 4 yr 6 mo
- Interest saved
- NOK 463,512.36
- Total interest
- NOK 1,797,798.01