True Lending Company
NMLS #2298394
Curious how early you can pay off your mortgage? Use our early payoff calculator to see how soon you can repay your loan…
Our mortgage calculators are for demonstration purposes only and may not reflect actual numbers for your specific mortgage. Contact us and we will walk you through the best possible mortgage scenario for your specific needs!
You can shorten your term by up to
Saving
$
in interest payments
By paying extra $ per month starting now, the loan will be paid off in . It is . This results in savings of $ in interest.
Interest paid over time
Regular Payments
With Extra Payment
Total Saved
Payoff Savings Breakdown
Interest Savings
$
Time saved on mortgage
Total interest (original)
$
Total interest (with extra payments)
$
Principal + Interest (original)
$
Principal + Interest (with extra payments)
$
Original payoff date
New payoff date
Amortization (With extra payment)
Principal vs. Interest (With extra payment)
Amortization Schedule Breakdown (With extra payment)
Our detailed amortization schedule breaks down your mortgage payments, showing how they are split between interest and principal over the life of your loan.
Note: The actual monthly payment may be higher than what is shown here, as this schedule does not account for variable costs such as property taxes and home insurance, which are often included in your total mortgage payment.
- Principal payments: (the amount borrowed)
- Interest payments: (the cost of borrowing)
Check out our other mortgage calculators
Get started by using one of our FREE tools!
Whether buying, selling, refinancing, or building your dream home, you have a lot riding on your loan specialist.
Since market conditions and mortgage programs change frequently, you must ensure you’re dealing with a top professional who can give you quick and accurate financial advice.
We have the expertise and knowledge you need to explore the many financing options available.
GoogleFacebookZillowSchedule a Call
