Recent Calculations
How much interest can you save by increasing your mortgage payment? The mortgage payoff calculator helps you find out.
The annual interest rate used to calculate your monthly payment. Tenga en cuenta que la tasa de interés es distinta de la Tasa de Porcentaje Anual (APR), que incluye otros costos como el seguro de la hipoteca, la tarifa de originación o puntos pagados al momento de originar la hipoteca. La APR suele ser superior a la tasa de interés nominal.
Total length, or term, of your original mortgage in years. Common terms are 15, 20 and 30 years.
Total number of years remaining on your original mortgage.
The original amount financed with your mortgage, not to be confused with the remaining balance or principal balance.
Your proposed extra payment amount per month. This amount will be used to further reduce your principal balance.
Monthly principal and interest payment (PI) based on your original mortgage amount, term and interest rate.
Scheduled payment plus your additional principal payment.
Total amount you would save in interest if you made the accelerated payment until your mortgage was paid in full.