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Mortgage rates are moving again! Where are they headed? See our newest Two-Month Forecast for Mortgage Rates.

Mortgage rates are moving again! Where are they headed? See our newest Two-Month Forecast for Mortgage Rates.

Mortgage Payoff Calculator

Want to pay off your mortgage quickly? Use our mortgage payoff calculator enter your payoff date & find out how much additional monthly payment you have to make to payoff your mortgage on your desired date.

Paying off your mortgage on your desired date

To find out how to pay off your mortgage on your desired date, please enter your loan amount, loan term and interest rate. Also, please enter information such as, the date of your first payment on your mortgage, when you want the prepayment to start and a suitable date you want your mortgage to be paid off.

Result:

Our mortgage payoff calculator will show how much additional monthly payment is required to pay off your mortgage on your desired date. It will also show you the new monthly payment, what interest you will save on it and how much time it will reduce from your initial loan.

Mortgage Payoff Calculator

L O A D I N G

Please enter loan amount greater than 0

Please enter term greater than 0

Please enter interest rate greater than 0

Payment Summary
Additional Monthly Payment -
Total Monthly Payment (New) -
Total Interest Saved (by the end of loan term) -
Total Time Reduced -
Your Present Loan Situation
Current Monthly Principal and Interest Payment -
Original total interest due -
Months paid until prepayment started -
Remaining Loan balance at start of prepayment -
Remaining interest due when prepayment began -
Months still remaining on loan -
Your Terminated Loan
Total months of prepayments -
New monthly payment, including prepayment -
Total interest paid to your end point -
Total interest saved by terminating your loan -
Total months reduced -