Bi-Weekly vs. Monthly Mortgage Payments: Which Saves You More?
Is a bi-weekly mortgage schedule better than monthly? Compare the math, interest savings, and pros/cons of changing your payment frequency.
Mortgage Payoff Calculator - See How Much You'll Save
See how extra payments can save you thousands and help you become debt-free years earlier.
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Calculate Your Mortgage Savings
See how much you can save by making extra payments on your mortgage
Mortgage Calculator
Enter your loan details and click Calculate Savings
Latest Payoff Guides
Expert strategies to accelerate your mortgage payoff and build wealth
Extra $100/Month: Save $40K on Your Mortgage
Paying just $100 extra monthly can save over $40,000 in interest and shorten your 30-year mortgage by 4.5 years. See the math behind it.
Mortgage Payoff vs. S&P 500: Which is Smarter?
Should you pay off your mortgage early or invest in the S&P 500? This guide breaks down the pros and cons to help you make an informed financial decision.
Why Use Our Mortgage Payoff Calculator
Make smarter financial decisions with accurate, easy-to-understand mortgage calculations
No registration required, no hidden fees, no credit card needed. Access all features completely free, anytime you need them.
How to Use Mortgage Payoff Calculator
Calculate your mortgage payoff savings in three simple steps:
1
Enter Your Loan Details
Input your current mortgage balance, interest rate, and monthly payment amount.
2
Add Extra Payment Amount
Specify how much extra you plan to pay each month or as a one-time payment.
3
View Your Savings
See how much interest you'll save and how many years you'll cut off your mortgage.
Powerful Features to Plan Your Mortgage Payoff
Everything you need to understand and optimize your mortgage repayment strategy.
Extra Payment Calculator
Calculate the impact of one-time or recurring extra payments on your mortgage. See how small additional payments can make a big difference.
Interest Savings Calculator
Find out exactly how much interest you'll save over the life of your loan by making extra payments.
Payoff Timeline Projection
Visualize when you'll be mortgage-free based on your payment strategy. See the difference between standard and accelerated payoff dates.
Detailed Amortization Schedule
View a complete payment-by-payment breakdown showing principal, interest, and remaining balance for your entire loan term.
Multiple Payment Strategies
Compare different payment scenarios side-by-side, including monthly, bi-weekly, and weekly payment options. Find the best strategy for your financial situation.
Visual Charts & Graphs
Easy-to-read charts show your payoff progress, interest savings, and principal reduction over time.
Frequently Asked Questions
Get answers to common questions about mortgage payoff and our calculator.
Still have questions? Feel free to contact us