Deferred Payment Loan Calculator

Calculate deferred payment loans with interest-only, no-payment, or partial payment periods

Loan Details

Add unpaid interest to the loan balance

Ready to Calculate

Enter your deferred loan details to see payment breakdown and timeline.

How to Use the Deferred Payment Loan Calculator

1

Enter Loan Details

Input your loan amount, annual interest rate, and total loan term in years. These basic parameters establish your baseline loan structure.

2

Set Deferral Period

Specify how many months you want to defer payments. This can range from 1 month to several years depending on your situation.

3

Choose Deferral Type

Select between No Payment (complete suspension), Interest Only (pay just interest), or Partial Payment (reduced amount). Each option has different cost implications.

4

Configure Capitalization

Decide whether unpaid interest will be added to your loan balance. Capitalization significantly increases total loan cost over time.

5

Analyze Results

Review the payment breakdown, extra costs compared to standard loans, and detailed payment schedule to understand the true impact of deferral.

Deferred Payment Tips

1

Calculate the total cost impact before accepting payment deferral to understand long-term financial implications

2

Consider making interest-only payments to prevent loan balance growth during difficult periods

3

Explore income-driven repayment plans as alternatives that may offer better long-term value

4

Understand whether unpaid interest will be capitalized and added to your principal balance

5

Resume regular payments as soon as financially possible to minimize additional interest costs

6

Use deferral strategically for genuine emergencies, not lifestyle choices or discretionary spending

7

Compare different deferral types (no payment, interest-only, partial) to find the least costly option

8

Set up automatic payments to resume when your deferral period ends to avoid missed payments

9

Document your financial hardship reasons as some deferral types may qualify for tax benefits

10

Review your loan servicer's specific deferral terms as policies vary between different lenders

Frequently Asked Questions

Deferred Payment Loan Calculator