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Mortgage payoff calculator

See how much interest you save and how many years you cut by paying extra each month, or a lump sum now.

Estimate, not advice. Check your loan documents for any prepayment terms.

Common questions

Should I pay extra on my mortgage?

If you have emergency savings and no higher-rate debt, extra principal saves interest at your loan rate.

Is there a penalty for paying early?

Most US home loans have none. Check your loan documents.

How do I make sure extra goes to principal?

Mark it "apply to principal" or use your servicer extra principal option.