Hi, Welcome to our community. I am your Mortgagefit Community Helper. I shall help you to choose the right calculator so that you can calculate and take the right decision. I have put down some situations and all you need is to select the calculators as per the situation you are in.MortgageFit Community Helper

Calculators level Does it pay off to make extra payments?
How much to earn by extra mortgage payments
Use this calculator to find out whether you benefit by making extra payments towards the original loan amount. You will be able to determine annual rate of return by investing extra money into the mortgage and saving thousands in interest which you would have otherwise paid.
Balance Loan Amount ($)
Mortgage Rate (% per annum)
Current Monthly Payment ($)
Extra Payment towards Current Monthly Payment ($)
   
Which one is better option
Total Interest Savings (Return on investment)
Annual Rate of Return
Summarised Suggestion


Borrowers using this calculator also use
• Calculate APR for the loan program
• Calculate money saved by paying points
• How long will it take to pay off the debt?
• Calculate total monthly mortgage payments
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