Mortgage Prepayment Savings Calculator
A payoff ledger
Prepayment Savings
CALCULATED FOR INFORMATIONAL
PURPOSES ONLY
PURPOSES ONLY
The extra payment
$
The loan
$
%
yrs
mo
Adjustment terms
months
months
%
%
Report
Default amounts are hypothetical and may not reflect your situation. Assumes required payments are recalculated against the loan's original remaining term at each adjustment, with extra amounts applied directly to principal. Adjustable-rate scenarios assume the rate rises by the maximum periodic amount at every opportunity, up to the lifetime cap. For informational purposes only — not a lending offer.
Loan term reduction
0 years
Enter your loan terms and calculate to see the ledger.
Interest savings
$0
New payoff date
—
Original payoff date
—
Balance over time, with and without the extra payments
The gap between the lines is the balance you pay down early.
Original schedule
With extra payments
Payoff points
Full amortization report — with extra payments
| # | Rate | Payment | Extra | Principal | Interest | Balance |
|---|
