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Mortgage Extra Payment Calculator

Use this Mortgage Early Payoff Calculator if you know your current mortgage balance, interest rate, and payment amount

It's obvious that if you pay off your mortgage early you will save on interest. But how much? We have a number of calculators that will tell you how much you can save by making extra mortgage payments. This particular calculator is the best to use if you know your current mortgage balance. For a given extra payment it will show you have much you will save and also how much earlier you will pay off the mortgage.
How much earlier can you pay off your mortgage?

Use this calculator to show the result of adding to your monthly mortgage payment.
 
mortgage payoff sign
.....Information about your Mortgage.....
Annual Interest Rate: %
Monthly Payment:
Mortage Balance Now:
 
.....Your Extra Contribution.....
Extra Amount You wish to Pay every month:
Start extra contribution with my next payment:
I want to start on a specific month:
One Time extra payment you wish to make:
Make this one time contribution in Month: