You can save money and shave years off the length of your loan by paying more on
your monthly mortgage payment than your regularly scheduled amount. How much
can you save? Fill in the boxes below, including the amount of the additional
payment and the number of times you will make that increased payment each year.
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Disclaimer:
Results received from this calculator are
designed for comparative purposes only, and
accuracy is not guaranteed. Please consult a
financial planner, or a legal or real estate
professional to discuss your actual home
finance requirements
This calculator does not have the ability to
pre-qualify you for any loan program.
Qualification for loan programs may require
additional information such as credit scores
and cash reserves which is not gathered in
this calculator. Information such as interest
rates and pricing are subject to change at any
time and without notice. Additional fees such
as HOA dues are not included in calculations.
All information such as interest rates, taxes,
insurance, PMI payments, etc. are estimates
and should be used for comparison only. Poor
Richard Web Press, LLC does not guarantee any
of the information obtained by this
calculator.
