Mortgage Payoff Calculator

See how extra payments can shorten your loan term and save interest.

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About This Calculator

About the Mortgage Payoff Calculator

This calculator shows you how making extra payments on your mortgage can have a significant impact. By adding a little extra to your monthly payment, you can:

  • Pay off your loan years sooner.
  • Save a substantial amount of money in total interest over the life of the loan.

How it Works

Enter your original mortgage details and the extra amount you plan to pay each month. The calculator will show you your new payoff date and a summary of your potential savings. It's a powerful way to see how small, consistent efforts can lead to big financial wins.