Additional Payment Calculator

This mortgage calculator will help you determine the amount of the monthly payment in excess of your regular monthly payment necessary for an early payoff. You can then make the decision if re-financing to shorten your term and save you a lot of money.
Loan Amount i.e. 150000
Annual Interest Rate % i.e. 6.5
Loan Term (in Years) Years
Start Date of Mortgage:
Additional Payment Amount
(more than standard monthly payment)
i.e. 2000
Number of times you will make
the additional payment per year:
Start Date of Additional Payments:
Show Amortization Schedule
  

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Calculators are provided as a free service to our users. No guarantee, explicit or implied, is made regarding their accuracy or suitability to a specific purpose. These calculators are provided for general information and illustration purposes only. The results may not be accurate and are not intended to be advice and may not apply to your circumstance.
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