Mortgage Payoff Calculator

This mortgage payoff calculator helps evaluate how adding extra payments or bi-weekly payments can save on interest and shorten mortgage term.

Payoff in 17 years and 3 months

The remaining balance is $372,217.43. By paying extra $500.00 per month starting now, the loan will be paid off in 17 years and 3 months. It is 7 years and 9 months earlier. This results in savings of $122,306 in interest.

Original loan amount

Original loan term years

Interest rate %

Remaining term

years months

Extra payments per month

Steps for calculation will be displayed here.