Mortgage Payoff Calculator

Loan Details

Payoff Summary

New Payoff Date

Sep 2050

Months Saved

0

Interest Saved

$0

Total Interest (Plan)

$323,071

vs $323,071 baseline

Baseline Payoff

Sep 2050

Baseline Payment

$2126.90

Balance Over Time

Payment Schedule

How it works: The calculator simulates your payment schedule with extra payments applied directly to principal. Interest accrues monthly on the remaining balance. Lump sums reduce principal immediately. The tool compares baseline vs. plan to show months and interest saved. Target modes solve for the required extra payment using numerical search. All calculations are client-side for privacy.