Mortgage Payoff Calculator
See how much interest you save and how many months you cut by paying extra each month. Free, instant, no signup required.
ESTIMATED INTEREST SAVED
$21,450
Frequently Asked Questions
- How much does paying extra save me?
- It depends on your balance and rate. Because extra payments go straight to principal, even a small monthly top-up can cut years off the term and save tens of thousands in interest.
- Is it better to pay extra monthly or as a lump sum?
- Both reduce principal and save interest. A lump sum saves slightly more overall because it starts reducing interest immediately, but monthly extra payments are easier to sustain.