
What an extra $200 a month really does to a loan
Paying an extra $200 a month on a $100,000 loan cuts three years and $14,421 in interest. Here is the math, and how to check it against your own balance.
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Paying an extra $200 a month on a $100,000 loan cuts three years and $14,421 in interest. Here is the math, and how to check it against your own balance.