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Help for Additional Payments on the Krohse.com Fixed-Rate Loan Evaluator

Type of Payment Format       Example       Explanation of Example
One-time additional payment paymentNumber:amount 31:50.75 One-time additional principal payment of $50.75 with the 31st payment
Additional payments starting at a certain point and continuing until the loan is paid off startingPaymentNumber-:amount 25-:35 Starting with the 25th payment pay an additional $35 per month
Additional payments starting at the beginning and stopping at a certain point -endingPaymentNumber:amount -23:112.47 Pay $112.47 additional principal with the first 23 payments
Additional payments starting and ending at a certain point startingPaymentNumber-endingPaymentNumber:amount 13-17:400 Pay $400 additional principal with payments 13,14, 15, 16, and 17


Several additional payments may be listed at once:
Example: -12:100, 13:1000, 15-17:25.50, 20-:50
Explanation:
Pay $100 extra with the first 12 payments
Pay $1000 extra with the 13th payment
Pay $25.50 extra with payments number 15, 16, and 17
Pay $50 extra with every payment starting with number 20

Payments overwrite each other; they are not added together.
Example: -5:50,3:25
Result: 50, 50, 25, 50, 50 not 50, 50, 75, 50, 50

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