Extra Mortgage Payment Calculator

See how extra payments slash interest and years off your mortgage.

100% private — no uploads Finance ToolsFree & unlimited Read tutorial

See how it works

Watch a quick simulation of this tool in action — no file needed.

How to use Extra Mortgage Payment Calculator

Follow these steps — everything happens instantly in your browser.

  1. 1

    Step 1. Enter your current loan balance.

  2. 2

    Step 2. Set the interest rate and remaining term.

  3. 3

    Step 3. Enter the extra monthly payment you can afford.

  4. 4

    Step 4. See total interest saved and years paid off early.

Why use this tool

Frequently asked questions

Everything you might want to know about extra mortgage payment calculator.

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