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Extra Mortgage Payments Calculator. This calculator allows you to enter an initial lump-sum extra payment along with extra monthly payments which coincide with your regular monthly payments. We also offer three other options you can consider for other additional payment scenarios.
Use this additional payment calculator to determine the payment or loan amount for different payment frequencies. Make payments weekly, biweekly, semimonthly, monthly, bimonthly,...
Free mortgage payoff calculator to evaluate options to pay off a mortgage earlier, such as extra payments, bi-weekly payments, or paying back altogether.
This calculator returns the potential estimated savings from making extra payments on your mortgage based on the information you input. Contact your mortgage servicer to understand your true savings.
By paying an extra $50 each month from the start, you’ll save $12,199.92 in interest charges. This cuts your payment time to 28 years and 2 months. If your extra payment is $100, you’ll save a $12,199.92 in interest costs. Your payment time will be reduced to 26 years and 6 months.
This free online mortgage amortization calculator with extra payments will calculate the time and interest you will save if you make multiple one-time lump-sum, weekly, quarterly, monthly, and/or annual extra payments on your house loan.
Use the mortgage with extra payments calculator to learn how paying extra on a mortgage affects your interest cost and repayment term.