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Calculators / Extra Payment

Extra Payment / Early Payoff Calculator

See how much time and interest you save by adding extra to your monthly payment. Educational estimate only.

You could pay off
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Interest saved$0
New payoff time—

Extra principal lowers the balance and all future interest on it. How amortization works.

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Open the calculator

Full payment estimate

Important disclosures. LoanFitCalc is a free educational tool that provides estimates only. It is not a loan, a loan approval, a commitment to lend, a rate lock, or an offer to make a loan, and it does not provide financial, legal, or tax advice or recommend a specific loan for you. Mortgage insurance rates, funding and guarantee fees, loan limits, taxes, and insurance figures are typical published values used for estimation and are subject to change. Program eligibility rules are summarized and simplified. Actual terms depend on your full application, credit, property, and lender underwriting. Consult a licensed mortgage loan originator before making any decision. LoanFitCalc is an independent educational website and is not a lender. ⌂ Equal Housing Opportunity
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