Tool
Mortgage Payoff Calculator
See how an extra payment each month moves your payoff date and how much interest it saves.
Paid off–
Time saved–
Interest saved–
Total interest–
Balance over time
- With extra
- No extra
Year-by-year breakdown with extra payments
| Year | Principal | Interest | Balance |
|---|
Estimates only. Assumes a fixed rate, monthly compounding, and payments starting next month. Taxes and insurance aren't included.