Early Payoff Mortgage Calculator

Feel free to run as many Early Payoff Calculations as you'd like using this free mortgage calculator!

Experiment with our online early payoff mortgage calculator to determine the exact extra principal payment you can make monthly to reach your early payoff goal plus see the interest saved.

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Instructions: This calculator will show you the additional monthly payment you will need to make on your current mortgage in order to pay if off within a specified number of years. It will also show you how much interest you will save if you make the calculated additional payment each month, from now until your mortgage is paid off.

IMPORTANT: Be sure to enter "0" (zero) in any entry boxes that don't apply to you.

Also, be sure to enter only numbers and decimal points in the numeric entry fields. Dollar signs, percent signs, commas and spaces will cause a JavaScript error.

Enter the principal balance owed:
Enter the annual interest rate:
Enter the current monthly payment amount:
# of years you wish to pay off mortgage in:


Additional monthly payment required:
Interest savings:

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