Pay extra on a loan or pay it off early
- Open the loan and tap Pay extra.
- Enter the amount and the account it's paid from.
- Choose Keep the payment, finish sooner, or Keep the end date, pay less each month. I work out the rest of the schedule again.
In the app: Open Accounts
More in People, loans and assets
- Track money you lend or borrow
- Pay someone back (or get paid back) in parts
- Pay back more than you owe
- Write off or forgive a debt
- Track a loan and its monthly payments
- Add a car (or anything) bought with a loan
- A loan with a big final (balloon) payment
- Record the money from a loan
- Record loan payments automatically
- See your debt, payoff and interest
- Let a car's value drop each year
- Add yearly costs like car insurance and registration
- Record selling or trading in a car