Mortgage Payoff Goal Calculator

This calculator will show you the additional monthly payment you will need

to make on your current mortgage in order to pay it 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.

 

 

Note: When entering your current monthly mortgage payment amount, be sure to enter only the principal

and interest portion of your payment.

 

Enter the principal balance owed:
Enter the annual interest rate:
Enter the current monthly payment amount (principal & interest portion only):
Number of years you would like to pay off your mortgage in:
Additional monthly payment required:
Interest savings: