Free calculator

Extra mortgage payment calculator

See how an extra monthly payment could shorten a loan and how much interest it could save.

Estimated interest saved
$103,448.79
Regular payment (P&I)
$1,896.20
With the extra payment
$2,096.20
Paid off in
23 yr 1 mo
Time saved
6 yr 11 mo

Estimates for general education only — not financial, lending or tax advice. Actual rates, payments, fees and terms depend on the lender and your situation; confirm with a qualified professional.

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