Pay Off Your Mortgage Early - Mortgage Payoff Goal Calculator


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Mortgage Payoff Goal Calculator Return To Mortgage Calculator Main List
Would you like to payoff your mortgage early? How much will you need to pay extra each month to pay your mortgage off early? This calculator will show you the additional monthly payment you will need to make on your current mortgage in order to pay it off within a specified number of years. It will also show you how much interest you will save if you make the calculated additional payment each month, from now until your mortgage is paid off. Note: When entering your current monthly mortgage payment amount, be sure to enter only the principal and interest portion of your payment.
Enter the principal balance owed:
Enter the annual interest rate:
Enter the current monthly payment amount:
Number of years you would like to pay off your mortgage in:

Additional monthly payment required:
Interest savings: