Mortgage Extra Payment Calculator

Loan balance ($)

Interest rate (% APR)

Years remaining

Extra payment per month ($)

One-time extra payment now ($)

Interest saved

$103,449

New payoff time

23 years 1 months

Time saved

6 years 11 months

Regular monthly payment (P&I)

$1,896.20

Total interest with extra payments

$279,185

Total interest without

$382,633

Ask your servicer to apply extra payments to principal, and check your loan has no prepayment penalty (most US mortgages since 2014 do not).