Calculator
Does paying off early save you anything?
Check the dollar saving from an early payoff discount against the balance you owe today.
Your advance
$
$
%
Paying off today
- Original payback—
- Balance still owed—
- Payoff amount—
- Total you'll have paid—
- Total cost of the advance—
You saveCompared with paying it out—
Estimates for comparison only, using 21 business days a month and 52 weeks a year. Your contract's disclosures govern. Nothing you enter here is saved or sent.
How this calculator works
With most advances the cost is fixed at signing, so paying early saves nothing unless the contract gives a discount.
A loan charges interest over time, so paying early cuts the interest. An advance sells you a fixed payback, so the balance is the balance. Some funders offer an early payoff discount or a reduced factor rate if you pay within a set window. Get it in writing, in a payoff letter, before you send the money.
One application, many funders
Want real offers to run through this?
Apply once. We bring back offers from funders that fit and decode every one: total payback, dollar cost, payment and estimated APR.
- About 3 minutes. No SSN and no bank login to start, so checking doesn't affect your credit.
- 4 months of bank statements. A specialist contacts you within 1 business day and asks for them through a secure link.
- You approve every funder before your file goes out. No cost to apply, and no obligation to accept.