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Free mortgage payoff calculator to evaluate options to pay off a mortgage earlier, such as extra payments, bi-weekly payments, or paying back altogether.
Extra Mortgage Payments Calculator. This calculator allows you to enter an initial lump-sum extra payment along with extra monthly payments which coincide with your regular monthly payments. We also offer three other options you can consider for other additional payment scenarios.
Use this additional payment calculator to determine the payment or loan amount for different payment frequencies. Make payments weekly, biweekly, semimonthly, monthly, bimonthly, quarterly or...
This calculator returns the potential estimated savings from making extra payments on your mortgage based on the information you input. Contact your mortgage servicer to understand your true savings.
Making additional mortgage payments is a great way to slash interest costs from your loan. It even shortens your payments term up to several years. If you can afford to make extra payments, there are different strategies to prepay your mortgage. You can add a consistent amount to your monthly payment.
This amortization calculator shows the schedule of paying extra principal on your mortgage over time. See how extra payments break down over your loan term with U.S. Bank.
Use the mortgage with extra payments calculator to learn how paying extra on a mortgage affects your interest cost and repayment term.