Online Calculators

Extra Mortgage Payment Calculator

Amount Being Financed

This is the amount being financed. Deduct the down payment, or any credits you know you will receive from the seller.

Length of Loan In Months

The number of month you will have the loan. For example, if your loan is for 15 years, you would enter 180 months in this field.

Interest Rate

This is the annual interest rate you are being charged for your mortgage loan.

Extra Monthly Payment

This is the extra monthly payment made towards the loan.

A bit about the Extra Mortgage Payment Calculator

The extra mortgage payment calculator will provide the total cost of the loan with extra monthly payments, and will also provide the total interest saved compared to no extra payments. Additionally, it will provide the number of months saved compared to the original length of the loan.