Tool

Mortgage Payoff Calculator

See how an extra payment each month moves your payoff date and how much interest it saves.

Your loan

$
%
Loan term or years remaining
$
$
Paid off–
Time saved–
Interest saved–
Total interest–

Balance over time

  • With extra
  • No extra
Year-by-year breakdown with extra payments
YearPrincipalInterestBalance

Estimates only. Assumes a fixed rate, monthly compounding, and payments starting next month. Taxes and insurance aren't included.