Mortgage Payoff Calculator

Mortgage Payoff Calculator

This mortgage payoff calculator helps evaluate how adding extra payments or biweekly payments can save on interest and shorten mortgage term.

If you know the remaining loan term

Use this calculator if the term length of the remaining loan is known and there is information on the original loan – good for new loans or preexisting loans that have never been supplemented with any external payments.

i
Modify the values and click the Calculate button to use
$
years
%
years months
Repayment options:
$
Click Calculate to see results

If you don't know the remaining loan term

Use this calculator if the term length of the remaining loan is not known. The unpaid principal balance, interest rate, and monthly payment values can be found in the monthly or quarterly mortgage statement.

i
Modify the values and click the Calculate button to use
$
$
%
Repayment options:
$
Click Calculate to see results