Early Mortgage Payoff Calculator

How much money will you save by making extra principal payments on your mortgage?
Initial Loan Amount
$
Term of Loan
Years Left
Interest Rate
%
Extra Payments
(monthly)
$

Paying a little extra each month will reduce the time it takes to pay off your home loan, and will increase the rate at which you accumulate principal.

Use this calculator to see the difference it can make!

We assume you have a fixed-rate mortgage.