Mortgage Payoff Calculator

Estimate how long the mortgage will last, how much interest extra principal may save, and whether payoff should outrank refinance, debt payoff, or cash reserves.

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Calculate mortgage payoff with extra principal

Use the current balance, rate, remaining term, and extra monthly principal amount.

How mortgage payoff is estimated

The calculator estimates the scheduled principal-and-interest payment, then simulates monthly interest accrual and principal reduction with the extra monthly amount.