diff --git a/examples/finetune/finetune.cpp b/examples/finetune/finetune.cpp
index 848e390f6..a86edd7e7 100644
--- a/examples/finetune/finetune.cpp
+++ b/examples/finetune/finetune.cpp
@@ -2221,8 +2221,34 @@ struct opt_callback_data {
     int                       shuffle_countdown;
     struct ggml_tensor *      tokens_input;
     struct ggml_tensor *      target_probs;
+    int                       first_iter;
+    int64_t                   last_time;
+    float                     time_per_iter;
 };
 
+void print_duration(float fmillis) {
+    if (fmillis < 1000.0f) {
+        printf("%.1fms", fmillis);
+        return;
+    }
+    const int64_t one_sec  = 1000;
+    const int64_t one_min  = one_sec  * 60;
+    const int64_t one_hour = one_min  * 60;
+    const int64_t one_day  = one_hour * 24;
+
+    int64_t millis  = fmillis;
+    int64_t days    = millis/one_day;
+    int64_t hours   = (millis - days*one_day)/one_hour;
+    int64_t minutes = (millis - days*one_day - hours*one_hour)/one_min;
+    int64_t seconds = (millis - days*one_day - hours*one_hour - minutes*one_min)/one_sec;
+
+    if (days > 0) {
+        printf("%ldd %02ld:%02ld:%02ld", days, hours, minutes, seconds);
+    } else {
+        printf("%02ld:%02ld:%02ld", hours, minutes, seconds);
+    }
+}
+
 void opt_callback(void * vdata, float * sched) {
     struct opt_callback_data * data = (struct opt_callback_data *) vdata;
     struct train_params * params    = data->params;
@@ -2230,6 +2256,25 @@ void opt_callback(void * vdata, float * sched) {
     int n_batch = params->n_batch;
     int n_ctx = params->n_ctx;
 
+    int64_t now = ggml_time_ms();
+    if (now > data->last_time) {
+        float dt = now - data->last_time;
+        if (data->time_per_iter == 0) {
+            data->time_per_iter = dt;
+        } else {
+            const float gain = 0.7f;
+            data->time_per_iter = data->time_per_iter*(1.0f-gain) + dt*gain;
+        }
+    }
+    data->last_time = now;
+    float remaining_time = 0;
+    if (data->time_per_iter > 0) {
+        const int n_iter = params->use_adam ? params->adam_n_iter : params->lbfgs_n_iter;
+        const int done_iter = opt->iter - data->first_iter;
+        const int remaining_iter = n_iter - done_iter;
+        remaining_time = remaining_iter * data->time_per_iter;
+    }
+
     const bool save_now = (params->save_every > 0) && (opt->iter - data->last_save_iter >= params->save_every);
     if (save_now) {
         int new_iters = opt->iter - data->last_save_iter;
@@ -2262,11 +2307,19 @@ void opt_callback(void * vdata, float * sched) {
     int impr_plot = -(int)(1 + (opt->loss_before - opt->loss_after) * 10.0f + 0.5f);
     if (impr_plot > 0) impr_plot = 0;
     if (std::isnan(opt->loss_before) || std::isnan(opt->loss_before)) impr_plot = 0;
-    printf("%s: iter=%*d, sched=%f loss=%f ", __func__, 6, opt->iter, *sched, opt->loss_after);
+    printf("%s: iter=%*d sched=%f loss=%f",
+        __func__, 6, opt->iter, *sched, opt->loss_after);
+    if (data->time_per_iter > 0) {
+        printf(" dt=");
+        print_duration(data->time_per_iter);
+        printf(" eta=");
+        print_duration(remaining_time);
+    }
+
     float improvement = opt->loss_before - opt->loss_after;
     const float plot_scale = 10.0f;
     int bar_len = (int)(1 + improvement*plot_scale + 0.5);
-    printf("|");
+    printf(" |");
     for (int i=0; i<bar_len; ++i) {
         printf("-");
     }
@@ -2618,6 +2671,9 @@ int main(int argc, char ** argv) {
     opt_cb_data.shuffle_countdown = train_samples.size();
     opt_cb_data.tokens_input      = tokens_input;
     opt_cb_data.target_probs      = target_probs;
+    opt_cb_data.first_iter        = opt->iter;
+    opt_cb_data.last_time         = ggml_time_ms();
+    opt_cb_data.time_per_iter     = 0;
 
     // measure required memory for work buffer
     size_t max_work_size = ggml_graph_plan(gb, params.n_threads).work_size + GGML_OBJECT_SIZE;