Current Mortgage Payment Schedule

Find Out What Happens If You Make Extra Mortgage Payments!

Would you like to pay off you mortgage early. Use this calculator to learn how much sooner your mortgage will be paid off if you make an extra payment each month. The calculator will also show you how much less interest you will pay over the life of your mortgage if you make the extra payment amount each month.
 
Simply describe your current mortgage and indicate how much more you will pay each month. (The fields you must complete are "blue".)

Current Mortgage Balance

Mortgage Interest Rate Percentage

Remaining Term (The number of months before your mortgage is paid in full)

Monthly Principal & Interest Payment

Years Required To Pay Off Mortgage

Interest You Will Pay

What Happens If You Make An Extra Payment Each Month

Extra Monthly Payment

New Monthly Principal & Interest Payment

Years Required To Pay Off Mortgage

Remaining Term (The number of months before your mortgage is paid in full)

Interest You Will Pay

Interest Savings

Reduction Of Loan
Term (In Years)