Mortgage Payoff Calculator or Pay off Mortgage Calculator (Mortgage Prepayment Calculator) helps you calculate how much you'll save by making extra payments towards the principal loan amount. It gives the annual rate of return at which you save by paying extra.
Using the Mortgage Payoff Calculator (Pay off Early Calculator), you can determine the number of payments required to payoff mortgage early. You'll be able to figure out how many months ahead of time you can repay the loan.
- 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