Early Mortgage Payoff Calculator


  • Initial Loan Amount - The initial loan amount is the original loan amount on day one.

  • Term of the Loan – How long was the mortgage for? Thirty years, 15 years, etc.

  • Years Remaining – If the original term of the mortgage was 30 years, and you have been paying the mortgage for 5 years, enter 25 years in this box.

  • Interest Rate – Enter the current interest rate

  • Extra Payment – How much extra do you want to pay each month?

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