Calculators / Mortgage Payoff

Mortgage Payoff Calculator

See exactly what paying a little extra does: how many years it knocks off, and how much interest you keep. Already partway through? Just enter your current balance and the years left. This starts from today, not the original loan. Everything runs in your browser; nothing is sent anywhere.

Your mortgage today

Current balance owed ($) Interest rate (%/yr) Years left on the loan

Regular payment (principal + interest): $0/mo

Pay it down faster

Extra each month ($) One-time lump sum now ($) Pay bi-weekly (26/yr = one extra payment a year)

Even a small extra amount compounds into years off the loan. Bi-weekly (half your payment every two weeks) sneaks in a 13th monthly payment each year.

Paid off in—with your extra payments

Time saved—vs paying the regular amount

Interest saved$0money you keep

Total interest$0was $0 without extra

Regular monthly payments · Your faster plan (extra and/or bi-weekly)

Assumes a fixed rate and equal monthly payments; it does not model taxes, insurance, PMI, or rate changes. A planning tool, not advice. See the disclaimer.

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