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Early Payoff Calculator

Early Payoff Calculator 

Instructions:  This calculator will show you the additional monthly payment you will need to make on your current mortgage in order to pay if off within a specified number of years. It will also show you how much interest you will save if you make the calculated additional payment each month, from now until your mortgage is paid off.

NOTE: Be sure to enter "0" (zero) in any entry boxes that don't apply to you.
Additionally, enter only numbers and decimal points into the fields (dollar signs and other non-numeric characters will cause an error).

Enter the principal balance owed:     
    
 Enter the annual interest rate:           
  
 Enter the current monthly payment   

 I'd like to payoff my mortgage in:         Years



Additional monthly payment required:
                                  
Interest savings:


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